Legal Opinion
Icon Group, Inc. v. Mahogany Run Development Corp.
District Court, Virgin Islands
Decided September 30, 1986No. Civil No. 1985/427PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
The gravamen of this action is the breach of a lease held by joint owners of realty. We must decide whether the plaintiff’s refusal to join its co-owners warrants dismissal. Under the law of concurrent ownership and Rules 17 and 19 of the Federal Rules of Civil Procedure, we hold that refusal mandates dismissal.
I. FACTS
The putative plaintiff, ICON Group, Inc., is one of seventeen investors who own sixteen St. Thomas condominiums as tenants in common.1 The realty was purchased in December 1983 pursuant to a sale-leaseback arrangement, obligating the seller-lessee,…
2Cases cited15 opinions
- Swanson v. BixlerCourt of Appeals for the Tenth Circuit · 1984
- Lubbock Feed Lots, Inc., and Lockney Cooperative Gin v. Iowa Beef Processors, Inc.Court of Appeals for the Fifth Circuit · 1980
- Harold Warren v. Manufacturers National Bank of Detroit, a National Banking AssociationCourt of Appeals for the Sixth Circuit · 1985
- Jack Malamud v. Sinclair Oil CorporationCourt of Appeals for the Sixth Circuit · 1975
- Prevor-Mayorsohn Caribbean, Inc. v. Puerto Rico Marine Management, Inc.Court of Appeals for the First Circuit · 1980
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3Cited by4 opinions
- ICON Group, Inc. v. Mahogany Run Development Corp.Court of Appeals for the Third Circuit · 1987
- Jones v. Baskin, Flaherty, Elliot and Mannino, PCDistrict Court, W.D. Pennsylvania · 1987
- Icon Group, Inc. v. Mahogany Run Development Corp.Court of Appeals for the Third Circuit · 1987
- Regan v. Estate Questa Verde TownhousesSupreme Court of The Virgin Islands · 1988