Legal Opinion
Rousset v. Smith
Louisiana Court of Appeal
Decided September 23, 2015No. 2014-CA-1409PublishedCited by 11 opinions
1Opinion of the Court
PAUL A. BONIN, Judge.
hLeah and Michael Tubbs agreed to purchase the home of Mignon and Thomas Schafer and gave the Schafers a promissory note as a good faith deposit that they would perform under the written agreement. The Schafers sued the Tubbs to collect the note because the Tubbs failed to appear for the closing, or act of sale, scheduled by the Schafers.1
The Tubbs contended that their obligation to pay the note was extinguished because the purchase-sell agreement became null and void when they were unable to obtain specified financing for the purchase, all a's provided by the agreement…
2Cases cited24 opinions
- Rosell v. EscoSupreme Court of Louisiana · 1989
- Stobart v. State Through DOTDSupreme Court of Louisiana · 1993
- Canter v. Koehring CompanySupreme Court of Louisiana · 1973
- Ferrell v. Fireman's Fund Ins. Co.Supreme Court of Louisiana · 1995
- MJ Farms, Ltd. v. Exxon Mobil Corp.Supreme Court of Louisiana · 2008
19 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- 429 Bourbon Street, LLC v. RMDR Investments, Inc.Louisiana Court of Appeal · 2017
- Burgess v. ZhengLouisiana Court of Appeal · 2018
- ETI, Inc. v. Buck Steel, Inc.Louisiana Court of Appeal · 2017
- Walker v. ArcherLouisiana Court of Appeal · 2016
- Lobell v. RosenbergLouisiana Court of Appeal · 2016
6 more not listed; retrieve them via the Exa API.