LCL, LLC v. Falen

The Supreme Court held that summary judgment was improperly granted to a title company on negligence and breach of fiduciary duty claims that arose out of the company’s omission of a reserved mineral interest in a deed and its handling of a later conveyance.In granting summary judgment, the district court determined that the relevant statute of limitations barred the claims. A court of appeals panel reversed. The Supreme Court affirmed, holding (1) as to the negligence claim, a genuine issue of material fact existed as to when the cause of action accrued, and the case must therefore be remanded for further proceedings; and (2) the breach of fiduciary duty claim was not excusable from further litigation because of the statute of limitations, as the claim was brought well within the allowable period. View "LCL, LLC v. Falen" on Justia Law