Civil Procedure Keyed to Yeazell
Guaranty Trust Co. of New York v. York
CaseCast™ – "What you need to know"
Plaintiff York sued a bond trustee in a Federal diversity action alleging misrepresentation and breach of trust. New York substantive law governed. Defendant Guaranty Trust Co. invoked the New York statute of limitations. Plaintiff argued that the statute of limitations did not bar the suit because it was on the equity side of the Federal court. The second circuit ruled that the suit was not barred and this appeal followed.
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