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CBR HOLDINGS, L.P. v. HOTEL DEVELOPMENT CORP.

Nos. CIV.01-1475(HL), CIV.01-1546(HL).

203 F.Supp.2d 131 (2002)

CBR HOLDINGS, L.P., Claimant, v. HOTEL DEVELOPMENT CORP., Respondent. Hotel Development Corp., Plaintiff, v. CBR Holdings, L.P., et al Defendant.

United States District Court, D. Puerto Rico.

April 29, 2002.

Attorney(s) appearing for the Case

Fernando Perez-Colon, Eric Perez-Ochoa, O'Neill Fernandez Gilmore, Rafael Alonso-Alonso, Reichard & Escalera, San Juan, PR, for Plaintiffs.

Rafael Escalera-Rodriguez, Pedro Santiago-Rivera, Reichard & Escalera, Fernando Perez-Colon, Eric Perez-Ochoa, O'Neill Fernandez Gilmore & Perez Ochoa, P.S.C., San Juan, PR, for Defendants.

OPINION AND ORDER

LAFFITTE, Chief Judge.

These consolidated actions arose out of a dispute surrounding the execution of a Purchase and Sale Agreement ("Agreement") on August 26, 1998 between seller Hotel Development Corporation ("HDC") and purchasers Condado Beach Resot Hotel, S.E., Condado Beach Vacation, S.E., Vanderbilt Condominium, S.E., Vanderbilt Club, S.E., and Condado Village, S.E. (hereinafter collectively...

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