Legal Opinion
Shore Builders, Inc. v. Dogwood, Inc.
District Court, D. Delaware
Decided June 21, 1985No. Civ. A. 84-508 CMWPublishedCited by 4 opinions
1Opinion of the Court
OPINION
CALEB M. WRIGHT, Senior District Judge.
This action for rescission of a contract, or in the alternative, for an abatement of the contract price and reformation of purchase-money mortgages, arises out of the purchase and sale of a partnership whose sole asset is an undeveloped tract of land. Although formally characterized as the sale of a partnership, the underlying purpose of the transaction was to convey ownership in the real estate from one group of corporate entities to another. The purchasers, two Maryland corporations, and their associated limited partnership, initiated suit…
2Cases cited25 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Goodman v. Mead Johnson & Co.Court of Appeals for the Third Circuit · 1976
- Sondra L. McKenna and James R. McKenna v. Ortho Pharmaceutical CorporationCourt of Appeals for the Third Circuit · 1980
- Roberts v. Sears, Roebuck & Co.Supreme Court of the United States · 1980
- Richard W. Shear v. The National Rifle Association of America, a New York CorporationCourt of Appeals for the D.C. Circuit · 1979
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3Cited by4 opinions
- Roadmaster Industries, Inc. v. Columbia Manufacturing Co.District Court, D. Massachusetts · 1995
- In Re the Appraisal of Enstar Corp.Court of Chancery of Delaware · 1991
- Britton v. ParkinMichigan Court of Appeals · 1989
- Fortis Advisors LLC v. Johnson & Johnson, Ethicon, Inc., Alex Gorsky, Ashley McEvoy, Peter Shen and Susan MoranoCourt of Chancery of Delaware · 2021