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State court of last resort · ST-VA-SC
Murayama 1997 Trust v. NISC Holdings
No. 111377Supreme Court of Virginia
111377 Murayama 1997 Trust v. NISC Holdings 06/07/2012 (Revised 06/28/2012) The circuit court did not err in sustaining a demurrer to the second amended complaint filed by a trust seeking damages relating to a…
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111377 Murayama 1997 Trust v. NISC Holdings 06/07/2012 (Revised 06/28/2012) The circuit court did not err in sustaining a demurre…
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- Supreme Court of Virginia
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- Oct 4, 2026
- Last entry
- Jun 7, 2012
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111377 Murayama 1997 Trust v. NISC Holdings 06/07/2012 (Revised 06/28/2012) The circuit court did not err in sustaining a demurrer to the second amended complaint filed by a trust seeking damages relating to a settlement agreement entered with the defendants in a previous litigation between the parties. Based upon the language of the settlement agreement and allegations regarding the adversarial relationship between the parties that precipitated the settlement, as a matter of law the trust did not reasonably rely upon any alleged fraudulent omissions and misrepresentations by the defendants regarding the value of the shares of stock that the trust sold as part of the settlement. The judgmen…
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