Thomerson v. DeVito

Summary

The South Carolina Supreme Court answered a certified question from the federal district court, holding that the three‑year statute of limitations in S.C. Code Ann. § 15‑3‑530 does not apply to promissory estoppel claims. The Court based its decision on the historic distinction between actions at law and actions in equity, characterizing promissory estoppel as an equitable remedy. A dissent argued the statute should apply to all money‑damage actions.