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Golf Ranch Resort Motel, Inc. v. Tar Heel Mortgage Co.

District Court, E.D. Virginia

Decided January 12, 1972No. Civ. A. No. 6791-NPublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OPINION

MacKENZIE, District Judge.

The plaintiff seeks recovery of compensatory and punitive damages, charging the defendants with actual fraud in certain loan procurement transactions. More specifically, the plaintiff alleges that the defendants (Tar Heel, Williams, and Johnson) held themselves out as mortgage loan brokers, fraudulently induced the plaintiff’s reliance on assurances that they (the defendants) could procure two loan commitments, one for $400,000., the other for $600,000.; fraudulently misrepresented to the plaintiff that the loans would be forthcoming; and…

2Cases cited13 opinions

  1. United Mine Workers v. PenningtonSupreme Court of the United States · 1965
  2. Federal Trade Commission v. Cement InstituteSupreme Court of the United States · 1948
  3. Harris v. DunhamSupreme Court of Virginia · 1962
  4. Grainger v. JacksonCourt of Appeals of Georgia · 1970
  5. Masche v. NicholsSupreme Court of Virginia · 1949

8 more not listed; retrieve them via the Exa API.

3Cited by1 opinion

  1. Gray v. Atlantic Permanent Savings & Loan Ass'n (In re Gray)District Court, E.D. Virginia · 1985

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