Fed. Sec. L. Rep. P 95,343 John D. Allison, and Bayfield Electric Cooperative v. Ticor Title Insurance Company
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Telemark Land Company built a recreational community in Cable, Wisconsin, near the Chequamegon National Forest. Including a lodge, houses, restaurants, ski trails, a fitness center, pools, tennis courts, a golf course, and convention facilities, the resort was designed for year-round occupancy. Telemark borrowed money for the construction, giving the lender a mortgage. It divided the lodge into 200 condominium “units” comprising leaseholds in particular rooms plus undivided lk% interests in the common areas of the lodge. Each lease runs for 52 years, with an option…
2Cases cited15 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Torres v. Oakland Scavenger Co.Supreme Court of the United States · 1988
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Gerald M. Hocking v. Maylee Dubois and Vitousek & Dick Realtors, Inc., a Hawaii CorporationCourt of Appeals for the Ninth Circuit · 1989
- American Motorists Insurance v. Trane Co.District Court, W.D. Wisconsin · 1982
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3Cited by23 opinions
- SEC v. PhanCourt of Appeals for the Ninth Circuit · 2007
- Fireman's Fund Insurance v. Bradley Corp.Wisconsin Supreme Court · 2003
- Anthony Foreman v. Brian WadsworthCourt of Appeals for the Seventh Circuit · 2016
- Curtis-Universal, Inc. v. Sheboygan Emergency Medical Services, Inc.Court of Appeals for the Seventh Circuit · 1994
- American Title Insurance v. East West FinancialCourt of Appeals for the First Circuit · 1994
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