Ingenito v. Bermec Corporation

How courts have described this case

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

• distinguishing between payments to protect an already existing interest and payments that created a new interest
• Section 12(1) is a “strictly limited cause of action for rescission, whose timely prosecution is essential to its survival.”
• “Each payment on the promissory [n]ote represented not the creation or assumption of new obligations, but the fulfillment of those previously created.”

Source: CourtListener parenthetical corpus (CC0).