Supreme Court of Alabama
Bryant Bank v. Talmage Kirkland & Company, Inc., D/b/a Kirkland & Company
May 23, 20142014 Ala. LEXIS 73
Summary
The Supreme Court of Alabama reversed the partial summary judgment for the appraisal firm and its appraisers on Bryant Bank's negligent-misrepresentation claim. It held that an appraisal opinion may support such a claim, that the bank presented substantial evidence of reliance, and that a factual dispute existed concerning when the bank reasonably should have discovered the alleged fraud for limitations purposes. The case was remanded for further proceedings.