Davis v. International Bank of Commerce (In re Diamond Beach VP, LP)

MEMORANDUM OPINION AND ORDER

Andrew S. Hanen, United States District Judge

This case concerns a dispute over the valuation of an unfinished condominium complex. The immediate purpose of the valuation is to determine the amount of a deficiency judgment. Appellant, Randall Davis (hereinafter referred to as “Davis,” or “Appellant”), is appealing a judgment of the United States Bankruptcy Court for the Southern District of Texas. The judgment, in Davis’ opinion, values the unfinished complex (hereinafter, the “Project,” or “Diamond Beach”) too low — thereby increasing the amount of the deficiency…