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A Better Partnership

January 2013

Jan 2013
January 09, 2013

COA Opinion: Court enforces release agreement finding no fraud in its inducement

In Vertex Development LLC v Fifth Third Bank, the Michigan Court of Appeals enforced the plaintiff's release of all claims against the Bank after determining that the Bank had not fraudulently induced the release. The plaintiff claimed the Bank's failure to loan it additional funds and fraudulent actions by the Bank's former loan officer had set the

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