McIntosh County Bank v. Dorsey & Whitney, LLP

745 N.W.2d 538 (2008)

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McIntosh County Bank v. Dorsey & Whitney, LLP

Minnesota Supreme Court
745 N.W.2d 538 (2008)

SC

Facts

McIntosh County Bank (McIntosh) (plaintiff) purchased a loan from Miller & Schroeder (Miller). McIntosh did not rely on Miller’s analysis but conducted an independent analysis of the loan. Miller hired Dorsey & Whitney, LLP (Dorsey) (defendant), to represent it in securing the loan. The debtor defaulted on the loan. McIntosh brought a legal malpractice suit against Dorsey. The district court granted summary judgment to Dorsey, finding that McIntosh was neither a client of Dorsey, nor a third-party beneficiary of Dorsey’s attorney-client relationship with Miller. The court of appeals reversed. Dorsey appealed.

Rule of Law

Issue

Holding and Reasoning (Meyer, J.)

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