Hubbard v. Stony Point Land Inc. (In re Stoney Point Land Inc.)
Feb
24
2011
Ruling
Bankruptcy appellate panel ordered specific performance of real estate contract by purchasers of debtor's property.
Procedural posture
Plaintiff purchasers sought to terminate a real estate contract with defendant, a Chapter 11 debtor, and to obtain a refund of their deposit. The debtor sought an order compelling the purchasers to specifically perform their obligations under the contract.
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Court
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