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IN RE YATES DEVELOPMENT, INC.

No. 00-14562.

256 F.3d 1285 (2001)

In re: YATES DEVELOPMENT, INC., Debtor. Yates Development, Inc., Plaintiff-Appellant, v. Old Kings Interchange, Inc., Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

July 13, 2001.

Attorney(s) appearing for the Case

William David Talbert, II, Rebecca B. Creed, Smith, Gambrell & Russell, LLP, Jacksonville, FL, for Plaintiff-Appellant.

Betsy C. Cox, Robert T. Hyde, Jr., Rogers, Towers, Bailey, Jones & Gray, Jacksonville, FL, Robert Altman, Palatka, FL, for Defendant-Appellee.

Before BLACK and BARKETT, Circuit Judges, and HOBBS, District Judge.

BLACK, Circuit Judge:

Appellant Yates Development, Inc., the debtor and plaintiff, appeals the order of the district court, which affirmed the bankruptcy court's grant of summary judgment in favor of Appellee Old Kings Interchange, Inc., the defendant. We affirm.

I. BACKGROUND

The material facts are not in dispute. This case concerns a Settlement and Option Agreement dated May 22, 1998 (Option Agreement). Pursuant to the Option Agreement, Appellee...

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