Alphonse Hotel Corp. v. Tran

HALL, Circuit Judge:

This case concerns a lease (“the Lease”) and a purported joint venture agreement (“the Joint Venture Agreement”) entered into between a son and his father, the now-deceased former president and majority shareholder of a real estate development *149corporation. The Lease grants the son, defendant-counter-plaintiff-appellant Nam T. Tran (“Nam”), control over a multimillion-dollar property for a period of 20 years in exchange for a payment of $20. The Joint Venture Agreement covers Nam’s development of this property. After the father’s death, the corporation,…