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LEE PAC. PROPERTIES v. CENTURY PAC. EQUITY

090202097, A149351.

356 P.3d 1137 (2015)

272 Or. App. 607

LEE PACIFIC PROPERTIES, INC.; Howard Liebreich, an individual; ND Manor, LLC; Greenwood Manor Oregon, LTD.; Surfwood Manor Oregon, LTD.; and Rockwood-Caldwell Oregon, LTD., Plaintiffs-Appellants Cross-Respondents, v. CENTURY PACIFIC EQUITY CORPORATION; Greenwood Housing Limited Partnership; Surfwood Limited Partnership, aka Surfwood Housing Limited Partnership; Firwood Housing Properties, LTD., aka Firwood Limited Partnership; Pinewood Investments, LTD.; Clearwater Limited Partnership; Burnwood Housing Limited Partnership, aka Burnwood Limited Partnership; Ochoco Housing Limited Partnership; Indiana Housing, LTD., aka Indiana Manor Limited Partnership, Defendants-Respondents Cross-Appellants, and Irwin J. Deutch, an individual; Michaels Development Company; Oregon Housing Fund-I, LTD.; Northwestern Housing Fund-I, LTD.; Wilshire Investments Corporation; Western Housing Associates, LTD.; Louis A. Cicalese; Jasper Corporation; Rolling West Housing Partners; CP Investment Fund 85-I, LTD.; AFC Corporation; American Pacific Housing Corporation, fka Century Pacific Housing Corporation; and Managements Assistance Group, Inc., Defendants-Respondents, and AFC Capital Fund and AFC Capital Corporation, Defendants.

Court of Appeals of Oregon.

Decided July 29, 2015.

Attorney(s) appearing for the Case

Richard S. Yugler , Portland, argued the cause for appellants-cross-respondents. With him on the opening brief was Landye Bennett Blumstein LLP. With him on the cross-respondents' answering brief and appellants' reply brief were Christine N. Moore and Landye Bennett Blumstein LLP.

George W. Kelly , Eugene, argued the cause and filed the briefs for respondents-cross-appellants.

George W. Kelly waived appearance for defendants-respondents.

Before ORTEGA, Presiding Judge, and DeVORE, Judge, and GARRETT, Judge.

This appeal pertains to the interpretation of a settlement agreement. The subject of the agreement was the parties' interests and obligations in certain limited partnerships that owned low-income housing projects insured by the Department of Housing and Urban Development (HUD), as well as their interests and obligations in the housing...

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