Ramada Development Company v. Martin W. Rauch, Defendants-Third Party J. Stewart Stein, Third Party
Court of Appeals for the Third Circuit
1Opinion of the Court
TUTTLE, Circuit Judge:
On December 13, 1972, Martin Rauch signed a contract in which the Ramada Development Company agreed to design, furnish, and construct a 160-unit Ramada Inn Motor Hotel and Restaurant in Venice, Florida. The contract allowed for progress payments, and disbursement of progress payments were made by Rauch’s lender, First Federal Savings and Loan Association of Sarasota.
The construction was commenced shortly after the signing of the contract. By January 25, 1974, the construction of the motel was, according to one witness, “substantially complete” in accordance with the…
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- Blu-J, Inc. v. Kemper C.P.A. GroupCourt of Appeals for the Eleventh Circuit · 1990
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