concluding that Virginia's Discovery Rule applied to a breach of fiduciary duty claim because it was considered constructive fraud
Summary of this case from Carroll v. Robert F. Craig P.C. (In re Innovative Commc'n Corp.)93-1359, 93-1443, 93-1444.
December 29, 1994
Appeal from E.D.Va.
Decisions Without Published Opinions Reversed in Part, Affirmed in Part.
concluding that Virginia's Discovery Rule applied to a breach of fiduciary duty claim because it was considered constructive fraud
Summary of this case from Carroll v. Robert F. Craig P.C. (In re Innovative Commc'n Corp.)In Tysons Toyota, the court found that the district court erred by dismissing the claim when Tysons alleged their president breached his fiduciary duty by usurping a corporate opportunity, and the insurance companies knew there was a conflict of interest, followed the president's instructions to reinsure Tysons' policies and benefitted financially from the scheme.
Summary of this case from Keil v. Seth Corp.Full title:Tysons Toyota Ins. v. Globe Life Ins. Co
Court:United States Court of Appeals, Fourth Circuit
Date published: Dec 29, 1994
See id.See United States v. Mitchell, 45 F.3d 428, 1994 WL 717605 at **2 (4th Cir. 1994) (unpublished…
In re James River Coal CompanySee Kieft v. Becker, No. 194674, 2002 WL 481249 at *3 (Va. Cir.Ct. Jan. 31, 2002) (acknowledging claim for…