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ALMEIDA-LEÓN v. WM CAPITAL MANAGEMENT, INC.

No. 19-1765, No. 19-1766.

993 F.3d 1 (2021)

Francisco ALMEIDA-LEÓN; Wanda Cruz-Quiles; Conjugal Partnership Almeida-Cruz; Juan Almeida-León, Plaintiffs, Appellants, Tenerife Real Estate Holdings, LLC, Plaintiff, v. WM CAPITAL MANAGEMENT, INC., Defendant, Appellee. Tenerife Real Estate Holdings, LLC, Plaintiff, Appellant, Francisco Almeida-León; Wanda Cruz-Quiles; Conjugal Partnership Almeida-Cruz; Juan Almeida-León, Plaintiffs, v. WM Capital Management, Inc., Defendant, Appellee.

United States Court of Appeals, First Circuit.

March 26, 2021.

Attorney(s) appearing for the Case

Edilberto Berríos-Pérez , San Juan, PR, for appellants.

Roberto E. Berríos-Falcón and Berríos Falcón, LLC on brief for appellant Tenerife Real Estate Holdings, LLC.

Jairo A. Mellado-Villarreal , Hato Rey, PR, with whom Tessie Leal-Garabís , and Mellado & Mellado-Villarreal were on brief, for appellee.

Before Howard, Chief Judge, Thompson and Kayatta, Circuit Judges.

This appeal arises from a dispute over the enforcement of a contract that controls the assignment and liquidation of several mortgage notes. Francisco Almeida-León, his wife Wanda Cruz-Quiles, the couple's conjugal partnership, and Francisco's brother Juan Almeida-León (collectively, "the Almeidas"), initiated...

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