Carmel & Carmel Legal Alerts

Murray decision explains ILSFDA damages claims

2009-03-30 10:31:00

Contact - Aaron Eidelman 

Murray v Holiday Isle, LLC, 2009 U.S. Dist. LEXIS 24051 (S.D. Ala. Mar. 24, 2009)


Plaintiffs bought preconstruction units in a large condominium project on the Alabama coast and later sued to recover their deposits. The primary issue was whether the transaction fell within ILSFDA ...

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Gentry decision frowns upon piggy-backing of ILSFDA exemptions without adequate justification

2009-03-01 11:15:00

Contact - Aaron Eidelman 

Gentry v. Cottages-Stuart, LLLP, 602 F. Supp. 2d 1239 (S.D. Fla. 2009)


Plaintiffs sought to rescind their sales agreements for purchase of preconstruction condo units. The developer claimed that the project was exempt because 90 of the units were sold under the 100-Lot Exemption, and ...

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200 East Partners decision sheds light on what constitutes evasion under the ILSFDA

2009-02-15 07:30:00

Contact - Aaron Eidelman 

200 East Partners, LLC v. Gold, 2009 Fla. App. LEXIS 3598 (Jan. 23, 2009) 


The plaintiffs bought one of the first 99 units in a 115-unit condominium and later tried to rescind the sale, arguing the developer had violated ILSFDA. The developer claimed the first ...

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