Legal Opinion

Blue Water Corp., Inc. v. O'TOOLE

Supreme Court of Minnesota

Decided July 15, 1983No. C4-82-1074PublishedCited by 47 opinions

1Opinion of the Court

WAHL, Justice.

The Blue Water Corporation, Inc. (Blue Water) and its incorporators individually brought this legal malpractice suit against defendant Terrance O’Toole, claiming that his negligence had caused their failure to obtain a bank charter from the Minnesota Commerce Commission. A jury found negligence and awarded damages of $100,000 for lost profits that the bank might have earned had the charter been obtained. O’Toole appeals from an order of the Ramsey County District Court denying his motion for judgment notwithstanding the verdict or a new trial. We reverse.

The individual…

2Cases cited10 opinions

  1. Christy v. SalitermanSupreme Court of Minnesota · 1970
  2. Togstad v. Vesely, Otto, Miller & KeefeSupreme Court of Minnesota · 1980
  3. Conover v. Northern States Power Co.Supreme Court of Minnesota · 1981
  4. Seidl v. Trollhaugen, Inc.Supreme Court of Minnesota · 1975
  5. Smith v. KnowlesSupreme Court of Minnesota · 1979

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3Cited by47 opinions

  1. Rouse v. Dunkley & Bennett, P.A.Supreme Court of Minnesota · 1994
  2. Jerry's Enterprises, Inc. v. Larkin, Hoffman, Daly & Lindgren, Ltd.Supreme Court of Minnesota · 2006
  3. Wastvedt v. VaalerNorth Dakota Supreme Court · 1988
  4. Noske v. FriedbergSupreme Court of Minnesota · 2003
  5. Antone v. MirvissSupreme Court of Minnesota · 2006

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

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