The corporate plaintiff by counterclaim alleged fraudulent misrepresentation and inducing breach of contract against the defendants to the counterclaim, arising from refinancing efforts on a residential property and a guarantee signed by one of the defendants.
The court found that the plaintiff failed to prove the necessary elements for both torts, particularly regarding false representation, knowledge of falsity, intent to induce reliance, and intent to procure a breach of contract.
The counterclaim was dismissed.
