Appletree Square I Limited Partnership v. Investmark, Inc.
Minnesota Court of Appeals
494 N.W.2d 889 (1993)
Appletree Square I Limited Partnership (plaintiff) bought an office building from Investmark, Inc. (defendant). Investmark, which designed and built the office building, held an interest in Appletree when the sale occurred. Appletree’s role in the Appletree-Investmark partnership was mainly financial. Investmark’s role was construction. Prior to the sale, Appletree requested from Investmark all information that would be material to the decision to purchase the building. Investmark granted Appletree permission to inspect the building and its books. Investmark did not disclose that the building was contaminated with asbestos. There was no clear evidence of asbestos in the building. Appletree brought suit for fraud. The trial court granted Investmark summary judgment. Appletree appealed.
Rule of Law
Holding and Reasoning (Crippen, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 174,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,000 briefs, keyed to 188 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.