Legal Opinion
National Tax Credit Partners, L.P., and National Tax Credit, Inc. v. Edward F. Havlik, Virgil W. Owings, and United Development Management Company
Court of Appeals for the Seventh Circuit
Decided March 28, 1994No. 93-1297, 93-1817, 93-2727 and 93-2987PublishedCited by 56 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
In order to induce two investors to put up money, the' general partners of Victorian Park Associates, a limited partnership formed to build and operate an apartment complex, promised to defray any shortfall in Victorian Park’s operating accounts. “[Fjrom the date hereof until Rental Achievement, [the general partners] will pay all expenses of operating and maintaining the Apartment Complex to the extent necessary to maintain Break-Even Level.” (The capitalized ' terms were defined by the parties. We use “general partners” to refer to the two partners and a…
2Cases cited23 opinions
- Connecticut National Bank v. GermainSupreme Court of the United States · 1992
- Sundstrand Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1994
- Rodriguez v. United StatesSupreme Court of the United States · 1987
- Lincoln v. VigilSupreme Court of the United States · 1993
- Board of Governors of the Federal Reserve System v. Dimension Financial Corp.Supreme Court of the United States · 1986
18 more not listed; retrieve them via the Exa API.
3Cited by56 opinions
- Zerand-Bernal Group, Inc. v. CoxCourt of Appeals for the Seventh Circuit · 1994
- Cadle Co. v. Mims (In Re Moore)Court of Appeals for the Fifth Circuit · 2010
- Martino v. First National Bank of Harvey (In Re Garofalo's Finer Foods, Inc.)District Court, N.D. Illinois · 1995
- Trevino v. HSBC Mortgage Services, Inc. (In re Trevino)United States Bankruptcy Court, S.D. Texas · 2015
- Elbert L. Hatchett and Laurestine Hatchett v. United StatesCourt of Appeals for the Sixth Circuit · 2003
51 more not listed; retrieve them via the Exa API.