Legal Opinion

Arch, Ltd. v. Yu

New Mexico Supreme Court

Decided December 21, 1988No. 17417PublishedCited by 8 opinions

1Opinion of the Court

OPINION

RANSOM, Justice.

Plaintiff Arch, Ltd. (Arch) and its general partner, H. Sam Archuleta, brought suit against defendant Daniel T. Yu for damages arising from the breach of a real estate exchange agreement. Following a bench trial, the district court awarded judgment in favor of Arch in the principal amount of $114,851.40 for actual and consequential damages. We reverse.

On January 15, 1985, by written contract, Yu agreed to the exchange of two office buildings owned by Archuleta 1 for the price of $800,000 to be paid to Arch by delivering $700,000 in cash at closing and transfering title…

2Cases cited15 opinions

  1. United Nuclear Corp. v. General Atomic Co.New Mexico Supreme Court · 1979
  2. Prudential Insurance Company of America v. AnayaNew Mexico Supreme Court · 1967
  3. Toltec International, Inc. v. Village of RuidosoNew Mexico Supreme Court · 1980
  4. Nichols v. NicholsNew Mexico Supreme Court · 1982
  5. Aguayo v. Village of ChamaNew Mexico Supreme Court · 1969

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3Cited by8 opinions

  1. In Re Cable Family Trust June 10, 1987New Mexico Supreme Court · 2010
  2. Cable v. Wells Fargo Bank New Mexico, N.A.New Mexico Supreme Court · 2010
  3. English v. SanchezNew Mexico Supreme Court · 1990
  4. C & L Lumber & Supply, Inc. v. Texas American Bank/GaleriaNew Mexico Supreme Court · 1990
  5. Robinson-Vargo v. FunyakNew Mexico Court of Appeals · 1997

3 more not listed; retrieve them via the Exa API.

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