Legal Opinion
Villaje Del Rio, Ltd. v. Colina Del Rio, LP
Court of Appeals for the Fifth Circuit
Decided June 25, 2008No. 07-51158UnpublishedCited by 2 opinions
1Opinion of the Court
EDITH H. JONES, Chief Judge: *
The background of this case is convoluted but its disposition is clear. The district court correctly dismissed the appeal from the bankruptcy court as moot.
BACKGROUND
Appellant Villaje del Rio (“Villaje”) defaulted on a non-recourse note exceeding $26 million that it used to finance the construction of a multifamily apartment complex in San Antonio, Texas. Following the default, Colina del Rio (“Colina”) purchased the note. Colina noticed a foreclosure sale, and Villaje sued Colina and Deutsche Bank, the original lender, in state court seeking a TRO to prohibit…
2Cases cited5 opinions
- Edge Petroleum Operating Co. v. GPR Holdings, L.L.C.Court of Appeals for the Fifth Circuit · 2007
- Bankr. L. Rep. P 67,742 American Grain Association v. Lee-Vac, Ltd.Court of Appeals for the Fifth Circuit · 1980
- Sullivan Central Plaza I, Ltd. v. Bancboston Real Estate Capital Corp. (In re Sullivan Central Plaza I, Ltd.)Court of Appeals for the Fifth Circuit · 1991
- First Mortgage Atrium Building, Ltd. v. Mutual Life Insurance Co. of New York (In Re First Mortgage Atrium Building, Ltd.)District Court, E.D. Texas · 1988
- Sullivan Central Plaza v. Bancboston Real Estate Capital Corp. (In re Sullivan Central Plaza)Court of Appeals for the Fifth Circuit · 1990
3Cited by2 opinions
- Villaje Del Rio, Ltd. v. Colina Del Rio, LPSupreme Court of the United States · 2008
- Gregg v. U.S. Bank Trust National Association as Trustee of the Cabana Series III TrustDistrict Court, E.D. Texas · 2020