Endeavour GP, LLC v. Endeavour Highrise, L.P. (In Re Endeavour Highrise, L.P.)
United States Bankruptcy Court, S.D. Texas
1Opinion of the Court
MEMORANDUM OPINION ON TRUSTEE’S AMENDED CROSS-CLAIMS AND THIRD-PARTY CLAIMS
JEFF BOHM, Bankruptcy Judge.
I. INTRODUCTION
The facts in this case demonstrate the continuing vitality of the adage that “if it sounds too good to be true, it really is.” Here, several individuals paid over $1 million in the aggregate as non-refundable deposits for certain real estate without reading the contracts or inspecting the condominium units they were purchasing. Their actions were motivated at least in part by the belief — however unrealistic— that they could earn a significant return on their investment within…
2Cases cited129 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
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