(DOWNLOAD) "Hotel Associates Of Palm Springs V. Landmark Land Co." by Fourth Circuit U.S. Court Of Appeals " Book PDF Kindle ePub Free
eBook details
- Title: Hotel Associates Of Palm Springs V. Landmark Land Co.
- Author : Fourth Circuit U.S. Court Of Appeals
- Release Date : January 01, 1995
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
The sole issue in this case is whether the owner of the La Quinta Hotel ("Hotel"), Hotel Associates of Palm Springs ("HAPS"), or the manager of the Hotel, Landmark Land Company ("Landmark"), has the right to control $3.7 million in the Hotel Account. The Hotel Account is the bank account into which working capital and all funds generated by Hotel operations are deposited. Both parties claim these funds under the terms of the Settlement Agreement executed in June 1993. For the reasons stated below, we reverse the district court's determination that HAPS is entitled to control the account.