Thomas v. Barton Lodge II, Ltd.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
This case involves the alleged malfeasance of numerous parties to a transaction in which the principal asset of Barton Lodge II, Ltd. (“BL II”), a limited partnership, was sold by the general partner to stave off a foreclosure sale. The district court dismissed the case in a series of summary judgment rulings, and three of the parties to the litigation, George Thomas, Lee R. Larkin and Arch McNeil, now appeal. We hold that the district court erred in part when it held that the plaintiffs failed to allege actual damages. In most respects, however, we affirm the…
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