Legal Opinion
Patriot-BSP City Center II v. U.S. Bank National Ass'n
District Court, District of Columbia
Decided June 7, 2010No. Civil Action No.: 10-0890(RMU)PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM OPINION
Granting the Plaintiffs’ Motion for a Temporary Restraining Order
RICARDO M. URBINA, District Judge.
I. INTRODUCTION
This matter comes before the court on the plaintiffs’ motion for a temporary restraining order. The plaintiffs, a group of commercial real estate developers, entered into a loan transaction (“the Loan Agreement”) with the defendants to purchase, renovate and lease out a property in Northeast D.C. The renovation did not proceed as planned, and the plaintiffs defaulted on their loan in early 2009. The defendants have now scheduled a foreclosure sale to occur on…
2Cases cited16 opinions
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3Cited by6 opinions
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