Legal Opinion
Sussel Co. v. First Federal Savings & Loan Ass'n
Supreme Court of Minnesota
Decided February 6, 1976No. 45164PublishedCited by 7 opinions
1Opinion of the Court
Douglas K. Amdahl, Justice. *
Defendants Gerald Frisch and Wealrice Company appeal from a judgment of the Ramsey County District Court in favor of The Sussel Company and against the individual defendants Frisch, Shaw, Newell, Saxe, and Strand. Affirmed.
In August 1971, Gerald Frisch, Irving Shaw, John Newell, S. John Saxe, and Melvin A. Strand entered into a joint venture to build and own an apartment complex which they named Highland Royale.
The First Federal Savings and Loan Association of St. Paul (First Federal) made financing for the project available at 9 1/4 percent per annum and, because…
2Cases cited3 opinions
- Armstrong v. AshleySupreme Court of the United States · 1907
- Blumberg v. TaggartSupreme Court of Minnesota · 1942
- Kenyon Co. v. JohnsonSupreme Court of Minnesota · 1919
3Cited by7 opinions
- Jensen v. IHC Hospitals, Inc.Utah Supreme Court · 2003
- Day Masonry v. Independent School District 347Supreme Court of Minnesota · 2010
- Associated Bank, N.A. v. Stewart Title Guaranty Co.District Court, D. Minnesota · 2012
- National Credit Union Administration Board v. CUMIS Insurance Society, Inc.District Court, D. Minnesota · 2017
- Woodcrest Homes, Inc. v. First National Bank of Pueblo (In Re Woodcrest Homes, Inc.)United States Bankruptcy Court, D. Colorado · 1981
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