Scot Pierce has written a case law update for www.factorguru.com.

Italian Cowboys Partners, Ltd. v. The Prudential Insurance Co. of America is a difficult case dealing with fraudulent inducement.  The Texas Supreme Court held that a “no representations” clause in a lease agreement is not enough to disclaim reliance by a tenant on representations made by a landlord during negotiations.  Although the clause being litigated is from a commercial lease, the holding extends far beyond the landlord/tenant situation and affects many types of contracts.

Please read the update here:  http://www.factorguru.com/2011/08/case-law-updates-a-guest-blog-by-scot-pierce-2/