Legal Opinion

Shaughnessy v. Rec Centers, Inc.

District Court of Appeal of Florida

Decided August 9, 1978No. 76-2169PublishedCited by 1 opinion

1Opinion of the Court

MOORE, Judge.

We are called upon to determine the applicability of a 1933 Joint Resolution of the Congress of the United States of America, codified at 31 U.S.C.A. § 4631 to an escalation provision contained in a 99-year recreation lease executed in conjunction with the development of a condominium association and in the purchase of individual units. Appellants sought relief from the escalation provision which provided:

“(b) In the event that the United States dollar should ever be officially devalued by the United States government or replaced by a regular species of a lesser value, then and…

2Cases cited6 opinions

  1. Norman v. Baltimore & Ohio RailroadSupreme Court of the United States · 1935
  2. Guaranty Trust Co. v. HenwoodSupreme Court of the United States · 1939
  3. Holyoke Water Power Co. v. American Writing Paper Co.Supreme Court of the United States · 1937
  4. Equitable Life Assur. Soc. of US v. GrosvenorDistrict Court, W.D. Tennessee · 1976
  5. Aztec Properties, Inc. v. Union Planters National Bank of MemphisTennessee Supreme Court · 1975

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

3Cited by1 opinion

  1. REC Centers, Inc. v. ShaughnessyDistrict Court of Appeal of Florida · 1981

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