BIS Investment, LLC v. Bank of America, N.A.

12-1041Court of Appeals for the Eighth CircuitFeb 28, 2013

Full text

United States Court of Appeals
For the Eighth Circuit
___________________________
No. 12-2452
___________________________
BIS Investment, LLC
lllllllllllllllllllll Plaintiff - Appellant
v.
Bank of America, N.A.
lllllllllllllllllllll Defendant - Appellee
____________
Appeal from United States District Court
for the Eastern District of Missouri - St. Louis
____________
Submitted: February 21, 2013
Filed: February 22, 2013
[Unpublished]
____________
Before LOKEN, MELLOY, and BENTON, Circuit Judges.
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PER CURIAM.
In this diversity action, BIS Investment, LLC (BIS) sued Bank of America
(BOA) for negligence and other claims arising out of allegedly unauthorized

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withdrawals of BIS funds held in accounts at BOA in 2005. The district court1
granted BOA’s motion to dismiss the action as time-barred under the applicable
statute of limitations, and BIS appeals.
For the reasons that the district court explained in its thorough opinion, we
agree with the court that the action is time-barred. See Strawn v. Mo. State Bd. of
Educ., 210 F.3d 954, 957 (8th Cir. 2000) (standard of review). In particular, we note,
as the court explained, that it was entitled to take judicial notice of BIS’s prior
dismissed suits in deciding the Rule 12(b)(6) motion. See Levy v. Ohl, 477 F.3d 988,
991 (8th Cir. 2007). The complaint, together with the public records that the court
was entitled to recognize, amply demonstrated that the instant action was filed well
outside the expiration of Missouri’s five-year statute of limitations, and that BIS was
not entitled to avail itself of Missouri’s savings statute. Accordingly, we affirm the
judgment of the district court. See 8th Cir. R. 47B.
______________________________
The Honorable Catherine D. Perry, Chief Judge, United States District Court1
for the Eastern District of Missouri.
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