Opus Corporation, a Minnesota Corporation v. International Business MacHines Corporation, a New York Corporation

KOPF, District Judge.

Opus Corporation (Opus) appeals from the district court’s 2 decision to grant summary judgment in favor of International Business Machines Corporation (IBM). Opus presents two issues on appeal: (1) Did the district court err when it construed “all recourse obligations” to mean secondary obligations, and (2) Did the district court err in granting summary judgment on Opus’s claim that IBM breached its fiduciary duty as managing partner? After careful consideration, we conclude that the district court’s decision was correct and we affirm.

I. Background

Because we have the…