United States Second Circuit
BPP Illinois v. Royal Bank of Scotland Grp. PLC, 15-3706
In a suit brought by a group of hotel-related businesses, along with their investor and guarantors, alleging fraud claims against a bank and its subsidiaries, the district court's dismissal of the fraud claims is affirmed where the because plaintiffs failed to list their cause of action in a schedule of assets in their now-concluded bankruptcy proceeding, they are barred on judicial estoppel and timeliness grounds.
Appellate Information
- Published 2017/06/13
Judges
- JACOBS
Court
- United States Second Circuit