Legal Opinion

Schultz v. Rhode Island Hospital Trust National Bank, N.A.

Court of Appeals for the First Circuit

Decided August 22, 1996No. 95-1997, 95-2113 and 95-2172PublishedCited by 56 opinions

1Opinion of the Court

LYNCH, Circuit Judge.

These three actions, consolidated for appeal, arise out of a failed real estate venture involving the purchase and redevelopment of the Sea Crest Hotel in Falmouth, Massachusetts (“the Sea Crest”). In a federally registered public offering, investors purchased condominium unit deeds and “pooled income” interests in the Sea Crest project. One of the offering’s features, as disclosed in the prospectus, was that the offering would be terminated and all investor deposits refunded if the aggregate amount of investments sold did not reach a minimum subscription level (“MSL”) by…

2Cases cited22 opinions

  1. H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
  2. Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
  3. Anthony's Pier Four, Inc. v. HBC ASSOCIATESMassachusetts Supreme Judicial Court · 1991
  4. Gilbert Roeder, Etc. v. Alpha Industries, Inc.Court of Appeals for the First Circuit · 1987
  5. Gonzalez Abreau v. Banco CentralCourt of Appeals for the First Circuit · 1994

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3Cited by56 opinions

  1. Julia M. O'ROuRke v. City of ProvidenceCourt of Appeals for the First Circuit · 2001
  2. Efron v. Embassy Suites (Puerto Rico), Inc.Court of Appeals for the First Circuit · 2000
  3. Gonzalez-Morales v. Hernandez-ArencibiaCourt of Appeals for the First Circuit · 2000
  4. In Re Lupron® Marketing & Sales Practices LitigationDistrict Court, D. Massachusetts · 2003
  5. Bosque v. Wells Fargo Bank, N.A.District Court, D. Massachusetts · 2011

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

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