Legal Opinion
P.S.G. Ltd. Partnership v. August Income/Growth Fund VII
New Mexico Supreme Court
Decided June 14, 1993No. 20431PublishedCited by 4 opinions
1Opinion of the Court
OPINION
RANSOM, Chief Justice.
On motion of P.S.G. Limited Partnership, we granted this interlocutory appeal, see SCRA 1986, 12-203, to decide the extent of damages PSG as successor lessor may recover as liquidated, contractual damages against sublessees of property on which the Radisson Inn was constructed in Albuquerque.
In 1980, PSG’s predecessor in interest, Ever Ready Oil Company, leased its property to Gary Willey, doing business as Village Properties, for approximately $1500 per month. In 1984 Willey assigned the ground lease to Hotel Development Corporation, an entity in which he was the…
2Cases cited15 opinions
- Duke City Lumber Company, Inc. v. TerrelNew Mexico Supreme Court · 1975
- Michaels v. . FishelNew York Court of Appeals · 1902
- Hermitage Co. v. LevineNew York Court of Appeals · 1928
- Terrel v. Duke City Lumber Company, Inc.New Mexico Court of Appeals · 1974
- Dover Mobile Estates v. Fiber Form Products, Inc.California Court of Appeal · 1990
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3Cited by4 opinions
- Kepler v. SladeNew Mexico Supreme Court · 1995
- Vallely Investments, L.P. v. BancAmerica Commercial Corp.California Court of Appeal · 2001
- Circuit City Stores, Inc. v. Rockville Pike Joint Venture Ltd. PartnershipCourt of Appeals of Maryland · 2003
- Consolidated Realty Group v. Sizzling Platter, Inc.Court of Appeals of Utah · 1996