Norman sued Elkin on a variety of tort and contract claims. After two trials and two appellate remands, the District Court found in favor of Norman on two claims and in favor of Elkin on the others. Both sides appealed. The Third Circuit Court reversed on one aspect of Norman’s contracts claim. In all other respects, the Court affirmed the District Court.

The Court found that Norman did not have inquiry notice of his claim concerning some of the distributions to Elkin. Accordingly, the Court reversed the District Court’s dismissal of Norman’s distribution-based breach of contract claim.