Legal Opinion
Gulati v. McClendon (In Re McClendon)
United States Bankruptcy Court, D. Maryland
Decided August 11, 2009No. 19-11535PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION DETERMINING DEBT TO BE DISCHARGEABLE
JAMES F. SCHNEIDER, Bankrupcy Judge.
The instant complaint seeks the nondis-chargeability of debt related to the breach of a so-called “equity participation contract” between the parties. The contract called for Vinay Gulati (“Gulati” or “the plaintiff’) to lend $23,000 to Paul and Capri McClendon (“the McClendons” or “the defendants”) for the purchase of a residence, purportedly in exchange for a 50% interest in whatever equity would exist in the residence at a future sale. The contract was written without the assistance of counsel and…
2Cases cited33 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Kawaauhau v. GeigerSupreme Court of the United States · 1998
- Field v. MansSupreme Court of the United States · 1995
- Davis v. Aetna Acceptance Co.Supreme Court of the United States · 1934
- O'Dell v. NetherlandSupreme Court of the United States · 1997
28 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Freedom Medical, Inc. v. Janssens (In Re Janssens)United States Bankruptcy Court, D. Maryland · 2010
- Phillip v. Reecher (In re Reecher)United States Bankruptcy Court, D. Maryland · 2014
- Kovens v. Goodwich (In re Goodwich)United States Bankruptcy Court, D. Maryland · 2014
- Ghadimi v. AshaiDistrict Court, C.D. California · 2016
- Stewart Title Guaranty Co. v. McCarthy (In re McCarthy)United States Bankruptcy Court, D. Massachusetts · 2012
3 more not listed; retrieve them via the Exa API.