Legal Opinion

Hope 7 Monroe Street Ltd. Partnership v. Riaso L.L.C.

District Court, District of Columbia

Decided May 3, 2012No. Civil Action No. 2011-1455PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM OPINION

JAMES E. BOASBERG, District Judge.

Hope 7 Monroe Street Limited Partnership (“Monroe”) owned property in the District of Columbia that it wished to convert from apartment units to condominiums. A man named Musse Leakemariam brokered a $1.6 million “bridge loan” from RIASO L.L.C. to provide Monroe with temporary financing. Although Leakem-ariam promised to assist Monroe in finding permanent financing before the expiration of the bridge loan’s term, he failed to do so, and Monroe, apparently unable to secure additional financing, defaulted on the loan from RIASO. It…

2Cases cited25 opinions

  1. Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
  2. Ackermann v. United StatesSupreme Court of the United States · 1950
  3. Michele E. Shepherd and Larue Graves v. American Broadcasting Companies, Inc.Court of Appeals for the D.C. Circuit · 1995
  4. In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983
  5. Twelve John Does v. District of Columbia Appeal of Edwin A. Meese, Iii, Attorney General of the United StatesCourt of Appeals for the D.C. Circuit · 1988

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3Cited by25 opinions

  1. Almerfedi v. ObamaDistrict Court, District of Columbia · 2012
  2. Simu v. Carvalho (In re Carvalho)Court of Appeals for the D.C. Circuit · 2019
  3. In Re: Dirisu Ojo MomohDistrict Court, District of Columbia · 2017
  4. First American Title Insurance v. Stevenson (In re Stevenson)District Court, District of Columbia · 2014
  5. In Re: Bryan S. RossDistrict Court, District of Columbia · 2019

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