Supreme Court of Alabama

Brickhouse Capital, LLC v. Coastal Cryo AL, LLC, and Andres L. Santa (Baldwin Circuit Court: CV-21-900028).

December 15, 2023

Summary

The court held that Santa and Coastal could not establish reasonable reliance, an essential element of their fraudulent-inducement claim, because Santa failed to read the lease documents that repeatedly identified the transaction as a lease. The court also held that using DocuSign did not create an enhanced duty to disclose or excuse the duty to read. It therefore reversed the judgment for Santa and Coastal and rendered judgment for Brickhouse.