Meecorp Capital Markets, LLC v. Oliver
Court of Appeals for the Eighth Circuit
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
- Commercial Property Investments, Inc., a Minnesota Corporation v. Quality Inns International, Inc., a Delaware CorporationCourt of Appeals for the Eighth Circuit · 1995
- Florenzano v. OlsonSupreme Court of Minnesota · 1986
- Richfield Bank & Trust Co. v. SjogrenSupreme Court of Minnesota · 1976
- Specialized Tours, Inc. v. HagenSupreme Court of Minnesota · 1986
- Midland National Bank of Minneapolis v. PerranoskiSupreme Court of Minnesota · 1980
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