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· 1/10/1972

Brunson v. Little Rock Road Machinery Co.

Citations

  • 251 Ark. 721
  • 474 S.W.2d 672
  • 1972 Ark. LEXIS 1767

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the statute of limitation was not tolled based on fraudulent concealment when the plaintiff was aware of the facts giving rise to her complaint
  • noting that a new “cause of action for breach of fiduciary duty accrues each time defendant commits a wrongful act that causes appreciable damage”
  • where plaintiff received statements about her accounts showing mismanagement, and record demonstrated she was concerned about how her accounts performed, plaintiff could not show fraud that tolled limitation period
  • “[W]ith respect to a breach of contract claim, the statute of limitation runs from the time the contract is broken rather than from the time the actual damage results or is ascertained.” (punctuation omitted)
  • plaintiff’s claims based on alleged mismanagement of retirement savings account barred by statute of limitation where the plaintiff received quarterly account statements that disclosed the allocation of stock holdings in the account and the losses sustained as a result of those holdings

Source: CourtListener parenthetical corpus (CC0).

Judges: Smith

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.