Legal Opinion

Granite Falls Bank v. John Henrikson, Mark Lindell, Clayton Management, Inc., and Lease Resources Corporation

Court of Appeals for the Eighth Circuit

Decided January 28, 1991No. 89-5569PublishedCited by 31 opinions

1Opinion of the Court

BOWMAN, Circuit Judge.

The primary issue in this case is: when does a civil cause of action accrue under the Racketeer Influenced and Corrupt Organizations Act (RICO). 1 Granite Falls Bank (the Bank) appeals the Fed.R.Civ.P. 12(b)(6) order of the District Court 2 dismissing its RICO claims as time-barred. We reverse and remand.

I

The Bank commenced this action on March 30, 1989, alleging RICO violations under 18 U.S.C. § 1962(c) and (d), as well as fraud and other state law claims. The factual allegations of the complaint are set out in detail in the opinion of the District Court and need not be…

2Cases cited12 opinions

  1. Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
  2. Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1971
  3. Holmberg v. ArmbrechtSupreme Court of the United States · 1946
  4. Agency Holding Corp. v. Malley-Duff & Associates, Inc.Supreme Court of the United States · 1987
  5. Bankers Trust Company v. Daniel Rhoades, Herman Soifer and Milton BratenCourt of Appeals for the Second Circuit · 1988

7 more not listed; retrieve them via the Exa API.

3Cited by31 opinions

  1. Rotella v. WoodSupreme Court of the United States · 2000
  2. Grimmett v. BrownCourt of Appeals for the Ninth Circuit · 1996
  3. Detrick v. Panalpina, Inc.Court of Appeals for the Fourth Circuit · 1997
  4. Agristor Financial Corp. v. Van SickleCourt of Appeals for the Sixth Circuit · 1992
  5. McCool v. Strata Oil Co.Court of Appeals for the Seventh Circuit · 1992

26 more not listed; retrieve them via the Exa API.

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