Auerbach Acquisition Associates v. Daily
Auerbach Acquisition Associates, Inc. sued both U.S. Bancorp (USB) and Greg Daily for breach of contract, fraud, interference with contractual relations, and interference with prospective economic advantage. Auerbach sought to hold USB vicariously liable for Dailys conduct on the ground that USB is the successor to NOVA Corporation, of which Daily was allegedly an agent. The trial court entered judgment in favor of USB on all of Auerbachs claims. Court affirm because the record contains no evidence that Daily was NOVAs agent.
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