Metropolitan Group, Inc. v. Meridian Industries, Inc.

Affirmed by unpublished PER CURIAM opinion.

Unpublished opinions are not binding precedent in this circuit.

After Meridian Industries, Inc. (“Meridian”) sold its shuttered Belmont, North Carolina yarn-dyeing facility (the “Property”) to Metropolitan Group, Inc. (“Metropolitan”), problems arose. Eventually, Metropolitan sued Meridian for, among other claims, breaching the relevant Purchase Agreement because Meridian purportedly had “actual knowledge” that certain hazardous materials remained on the Property when it was conveyed. Meridian filed a counterclaim for breach of contract, contending…