Legal Opinion
Sonoma Apartment Associates v. United States
United States Court of Federal Claims
Decided September 22, 2017No. 13-940CPublishedCited by 2 opinions
1Opinion of the Court
Trial; Section 515 of the Housing Act of 1949; Breach of Contract; Expectancy Damages; Lost Profits Versus Lost Asset Value; Postbreach Evidence; Discount Rates; Tax Neutralization Payment; Third-Party Standing
OPINION AND ORDER
SWEENEY, Judge
Plaintiff Sonoma Apartment Associates, a California Limited Partnership, obtained a loan from the federal government to construct rural low- and moderate-income housing. Plaintiff was contractually entitled to prepay the balance of the loan after twenty years, but when it sought to exercise this right, the government denied its request. After the…
2Cases cited65 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- Singleton v. WulffSupreme Court of the United States · 1976
- Powers v. OhioSupreme Court of the United States · 1991
- Larson v. Domestic and Foreign Commerce Corp.Supreme Court of the United States · 1949
- Bowen v. MassachusettsSupreme Court of the United States · 1988
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3Cited by2 opinions
- Sonoma Apartment Associates v. United StatesCourt of Appeals for the Federal Circuit · 2019
- San Antonio Housing Authority v. United StatesUnited States Court of Federal Claims · 2019