Legal Opinion

CMI Capital Market Investment, LLC v. Municipality of Bayamon

District Court, D. Puerto Rico

Decided January 20, 2006No. CIV. 04-1638(RLA)PublishedCited by 10 opinions

1Opinion of the Court

ORDER DISMISSING CLAIMS ASSERTED AGAINST THE GOVERNMENT DEVELOPMENT BANK

ACOSTA, District Judge.

Plaintiffs 1 instituted these proceedings against the Government Development Bank (“GDB” or “the Bank”), and the Municipality of Bayamón (“Bayamón”) seeking declaratory judgment as well as claiming breach of contract and collection of monies. Plaintiffs also demand both contractual and tort damages. Plaintiffs’ causes of actions arise from the default on three finance lease agreements entered into by two agencies of the Puerto Rico Government 2 and by codefendant the Municipality of Bayamón. All…

2Cases cited25 opinions

  1. Alternative Energy, Inc. v. St. Paul Fire & Marine InsuranceCourt of Appeals for the First Circuit · 2001
  2. Banco Santander De Puerto Rico v. Lopez-StubbeCourt of Appeals for the First Circuit · 2003
  3. Ronald C. Brown v. Hot, Sexy and Safer Productions, Inc.Court of Appeals for the First Circuit · 1995
  4. Kate Frazier v. Fairhaven School CommitteeCourt of Appeals for the First Circuit · 2002
  5. Vartanian v. Monsanto CompanyCourt of Appeals for the First Circuit · 1994

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3Cited by10 opinions

  1. Rivera-Carrasquillo v. Centro Ecuestre Madrigal, Inc.Court of Appeals for the First Circuit · 2016
  2. Ocasio v. HOGAR GEOBEL INC.District Court, D. Puerto Rico · 2008
  3. Colón v. BladesDistrict Court, D. Puerto Rico · 2011
  4. LUIS SANTIAGO v. SantiagoDistrict Court, D. Puerto Rico · 2010
  5. Associates in Emergency Response, LLC v. Redline Global, LLC, Atlys Group, LLC, Atlys Global, LLC, Rance MacFarlandDistrict Court, D. Puerto Rico · 2026

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