Legal Opinion

Transnational Ventures, Inc. v. Derr Plantation, Inc.

Court of Appeals of Mississippi

Decided February 23, 2016No. 2014-CA-01361-COAPublished

1Opinion of the Court

WILSON, J.,

for the Court:

¶ 1. Transnational Ventures, Inc. and Transnational Associates, Inc. (collectively, “Transnational”) claim that they are entitled to a $500,000 commission on a real estate deal that was never consummated. The property at issue is the “Derr Plantation” in Issaquena County, which consists of over 8,000 acres owned by Derr Plantation, Inc. (“DPI”). DPI is owned by the Derr family of Germany. The failed real estate deal, which fell apart in 2005, has been the subject of more than a decade of litigation between the would-be buyers, DPI, and the Derrs. That litigation has…

2Cases cited11 opinions

  1. Hamilton v. HopkinsMississippi Supreme Court · 2003
  2. Derr Plantation, Inc. v. SwarekMississippi Supreme Court · 2009
  3. Partee v. PeppleMississippi Supreme Court · 1944
  4. Till Derr v. Thomas SwarekCourt of Appeals for the Fifth Circuit · 2014
  5. Lutz Homes, Inc. v. WestonMississippi Supreme Court · 2009

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