Legal Opinion
Mursor Builders, Inc. v. Crown Mountain Apartment Associates
District Court, Virgin Islands
Decided October 5, 1978No. Civ. Nos. 74/731, 75/67PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM OPINION WITH JUDGMENT ATTACHED
I. INTRODUCTION
The legal and factual issues presented by this lawsuit are multiple. Nevertheless, one such issue and the policy considerations underlying my disposition thereof warrant particular mention at the outset.
In an effort to stimulate the development of multidwelling housing complexes, the federal government offers mortgage insurance to private financing of multiple housing building construction. As an added inducement, the government covenants to accept assignment at relatively financially attractive terms of any such mortgage loan in the…
2Cases cited27 opinions
- Trans-Bay Engineers and Builders, Inc. v. Carla A. Hills, Secretary of Housing and Urban DevelopmentCourt of Appeals for the D.C. Circuit · 1976
- Universal Builders, Inc. v. Moon Motor Lodge, Inc.Superior Court of Pennsylvania · 1968
- ELDRIDGE v. JohnstonOregon Supreme Court · 1952
- American Fidelity Fire Insurance v. Construcciones Werl, Inc.District Court, Virgin Islands · 1975
- Delaney v. Fidelity Lease LimitedTexas Supreme Court · 1975
22 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Rosenbaum v. City And County Of San FranciscoCourt of Appeals for the Ninth Circuit · 2007
- Mcmahon v. Pennsylvania Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 1989
- Van-Tex, Inc., Industrial Indemnity, Inc. v. Samuel R. Pierce, Jr., Secretary, Department of Housing and Urban DevelopmentCourt of Appeals for the Fifth Circuit · 1983
- United States v. I-12 Garden Apartments, K & D Enterprises, Inc., Intervenor-AppellantCourt of Appeals for the Fifth Circuit · 1983
- In Re GibsonUnited States Bankruptcy Court, E.D. Michigan · 1986
2 more not listed; retrieve them via the Exa API.