Legal Opinion

Meecorp Capital Markets, LLC v. Oliver

Court of Appeals for the Eighth Circuit

Decided January 13, 2015No. Nos. 12-2102, 12-2169PublishedCited by 6 opinions

1Opinion of the Court

GRUENDER, Circuit Judge.

After a bench trial, the district court1 found Timothy Oliver and PSC Funding, LLC, liable to Meecorp Capital Markets, LLC, for fraud. Oliver and PSC Funding now appeal. We affirm.

I

Oliver was the chief manager and part-owner of PSC Funding. In 2004, Oliver and PSC Funding applied to Meecorp Capital Markets (“Meecorp”) for a $1 mil*561lion loan to refinance property located on the north shore of Lake Superior in Minnesota. Meecorp made a preliminary commitment to provide the loan in December 2004. After conducting an appraisal of the property, Meecorp informed Oliver and…

2Cases cited16 opinions

  1. Commercial Property Investments, Inc., a Minnesota Corporation v. Quality Inns International, Inc., a Delaware CorporationCourt of Appeals for the Eighth Circuit · 1995
  2. Florenzano v. OlsonSupreme Court of Minnesota · 1986
  3. Richfield Bank & Trust Co. v. SjogrenSupreme Court of Minnesota · 1976
  4. Specialized Tours, Inc. v. HagenSupreme Court of Minnesota · 1986
  5. Midland National Bank of Minneapolis v. PerranoskiSupreme Court of Minnesota · 1980

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3Cited by6 opinions

  1. Qwest Communications Company v. Free Conferencing Corp.Court of Appeals for the Eighth Circuit · 2018
  2. Stine Seed Company v. A & W Agribusiness, LLCCourt of Appeals for the Eighth Circuit · 2017
  3. Gregory Holt v. Dexter PayneCourt of Appeals for the Eighth Circuit · 2023
  4. Heritage Const. Companies, LLC v. Philip KeithahnCourt of Appeals for the Eighth Circuit · 2026
  5. Michael Kaufmann and Debbie Thayer, on behalf of themselves and others similarly situated v. Nordic Ware, Inc.District Court, D. Minnesota · 2025

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