Legal Opinion
Elijah Ragira/Vip Lodging Group, Inc. v. Vip Lodging Group, Inc.
Texas Court of Appeals, 8th District (El Paso)
Decided December 30, 2009No. 08-07-00182-CVPublishedCited by 26 opinions
1Opinion of the Court
OPINION
GUADALUPE RIVERA, Justice.
This appeal stems from a suit for specific performance of three commercial real estate sales contracts. We affirm in part and reverse in part.
BACKGROUND
VIP owned five tracts of land secured by a senior note held by PMC Commercial Trust (PMC) and a subordinate note held by Sunburst Hotel Corporation (Sunburst). Having trouble paying off the matured notes on the property, which totaled approximately $2.7 million, VIP entered into negotiations with Ragira for the purchase of the property. On May 6, 2004, the parties agreed to a purchase price of $3.5 million and…
2Cases cited49 opinions
- City of Keller v. WilsonTexas Supreme Court · 2005
- Downer v. Aquamarine Operators, Inc.Texas Supreme Court · 1985
- Cain v. BainTexas Supreme Court · 1986
- Sterner v. Marathon Oil Co.Texas Supreme Court · 1989
- Arthur Andersen & Co. v. Perry Equipment Corp.Texas Supreme Court · 1997
44 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- DaimlerChrysler Motors Co., LLC v. Manuel, Texas Court of Appeals, 2nd District (Fort Worth)2012
- Boerschig v. SOUTHWESTERN HOLDINGS, INC., Texas Court of Appeals, 8th District (El Paso)2010
- Martin v. Martin, Texas Court of Appeals, 6th District (Texarkana)2010
- TLC Hospitality, LLC v. Pillar Income Asset Management, Inc., Texas Court of Appeals, 12th District (Tyler)2018
- Gilbert v. City of El Paso, Texas Court of Appeals, 8th District (El Paso)2010
21 more not listed; retrieve them via the Exa API.