Empire Management & Development Co. v. Greenville Associates
Supreme Court of Virginia
1Opinion of the CourtJustice Lacy
This appeal arises out of a dispute between Empire Management & Development Company, Inc., (Empire) and Greenville Associates (Greenville) over a rental income guarantee involved in the sale of commercial real estate in Albemarle County.
Under a contract dated February 28, 1986, Sunset Corporation (Sunset), 1 agreed to purchase two parcels of commercial real estate located in Albemarle County. The first parcel, designated “Rio I,” was owned by Greenville, while the second parcel, designated “Rio m,” was owned by Caleb N. and Lynn W. Stowe. The February contract contained a combined sale price…
2Cases cited5 opinions
- Vines v. BranchSupreme Court of Virginia · 1992
- Miller v. ReynoldsSupreme Court of Virginia · 1976
- Davis v. Tazewell Place AssociatesSupreme Court of Virginia · 1997
- Woodson v. SmithSupreme Court of Virginia · 1920
- Charles v. McClanahanSupreme Court of Virginia · 1921
3Cited by12 opinions
- Abi-Najm v. Concord Condominium, LLCSupreme Court of Virginia · 2010
- Horvath v. Bank of New York, N.A.Court of Appeals for the Fourth Circuit · 2011
- Beck v. SmithSupreme Court of Virginia · 2000
- Meurer v. Tribby (In re Tribby)District Court, E.D. Virginia · 1999
- CPM Va., LLC v. MJM Golf, LLC.Supreme Court of Virginia · 2015
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