Dreamstreet Investments, Inc. v. MidCountry Bank
Court of Appeals for the Fourth Circuit
1Opinion of the Court
Affirmed by published opinion. Judge HARRIS wrote the opinion, in which Judge WILKINSON and Judge KING joined.
PAMELA HARRIS, Circuit Judge:
This case arises from a “seller holdback” agreement between Dreamstreet Investments, Inc., which was selling a vacant lot for home construction, and MidCountry Bank, which was financing the lot’s purchase by a third party. Under the agreement; part of the purchase price owed to Dreamstreet instead would be retained by MidCountry, pending completion of the home and subject to certain conditions.
On June 16, 2009, Dreamstreet contacted MidCountry, challenging…
2Cases cited18 opinions
- Henry v. PurnellCourt of Appeals for the Fourth Circuit · 2011
- Branch Banking and Trust Co. v. ThompsonCourt of Appeals of North Carolina · 1992
- White v. Consolidated Planning, Inc.Court of Appeals of North Carolina · 2004
- Michael Durham v. David HornerCourt of Appeals for the Fourth Circuit · 2012
- Wilson v. Crab Orchard Development CompanySupreme Court of North Carolina · 1970
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3Cited by16 opinions
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- French Broad Place, LLC v. Asheville Sav. BankCourt of Appeals of North Carolina · 2018
- Christopher Iames v. Commissioner of I.R.S.Court of Appeals for the Fourth Circuit · 2017
- James Davis v. Western Carolina UniversityCourt of Appeals for the Fourth Circuit · 2017
- Daley-Bishop v. Long and Foster Property ManagementDistrict Court, E.D. North Carolina · 2020
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