Real Property--Interstate Land Sales Full Disclosure Act--Omission of Bankruptcy of Grandfather Corporation Not a Material Misrepresentation

Authors

Michael E. Satterwhite

Publication Date

7-1976

Document Type

Casenote

Abstract

In Paquin v. Four Seasons of Tennessee, Inc. the United States Court of Appeals for the Fifth Circuit held that the developer's failure to include in a required property report the fact that it was the wholly owned subsidiary of a bankrupt corporation was not a material misrepresentation under section 1404(a)(2)(B) of the Interstate Land Sales Full Disclosure Act.

Recommended Citation

Satterwhite, Michael E. (1976) "Real Property--Interstate Land Sales Full Disclosure Act--Omission of Bankruptcy of Grandfather Corporation Not a Material Misrepresentation," Mercer Law Review: Vol. 27: No. 4, Article 20.
Available at: https://digitalcommons.law.mercer.edu/jour_mlr/vol27/iss4/20