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Arcade Properties Inc. Vs. Resource Capital Llc

Case Last Refreshed: 3 years ago

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Arcade Properties Inc., filed a(n) Equitable Remedies case represented by D'Amico, Esq., Howard B, against Resource Capital Llc, represented by Conrad, Esq., Jennifer Lynn, in the jurisdiction of Worcester County, MA, . Worcester County, MA Superior Courts .

Case Details for Arcade Properties Inc. v. Resource Capital Llc

Case Number

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Filing Date

May 19, 2016

Category

Equitable Remedies

Last Refreshed

April 23, 2021

Filing Location

Worcester County, MA

Parties for Arcade Properties Inc. v. Resource Capital Llc

Plaintiffs

Arcade Properties Inc.

Attorneys for Plaintiffs

D'Amico, Esq., Howard B

Defendants

Resource Capital Llc

Attorneys for Defendants

Conrad, Esq., Jennifer Lynn

Case Documents for Arcade Properties Inc. v. Resource Capital Llc

for Arcade Properties Inc. Vs. Resource Capital Llc

JUDGMENT of dismissal, Arcade Properties Inc. failed to comply with an ORDER after review of the Docket dated 12/29/2017. It is ORDERED and ADJUDGED: the complaint is dismissed. Entered and Copies mailed 2/16/18

Date: February 16, 2018

Case Events for Arcade Properties Inc. v. Resource Capital Llc

Date Type Description
February 16, 2018 Docket Event JUDGMENT of dismissal, Arcade Properties Inc. failed to comply with an ORDER after review of the Docket dated 12/29/2017. It is ORDERED and ADJUDGED: the complaint is dismissed. Entered and Copies mailed 2/16/18
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December 29, 2017 Docket Event ORDER sent for Status Review, if notice is not received by 01/31/2018 the complaint will be dismissed.
August 29, 2017 Docket Event Status review notice returned Pending In Bankruptcy Court Applies To: Arcade Properties Inc. (Plaintiff)
August 08, 2017 Docket Event ORDER sent for Status Review, if notice is not received by 09/11/2017 the complaint will be dismissed.
February 15, 2017 Docket Event Party Status: Defendant Resource Capital LLC: Inactive: Suggestion of Bankruptcy;
February 03, 2017 Docket Event Default (1-88): Defendant Resource Capital LLC: Defaulted under time standards;
May 19, 2016 Docket Event Endorsement on Motion for Preliminary Injunction (#5.0): DENIED After hearing, and in consideration of the entire record of this case (filed today), the court finds as follows: Arcase was, at all times relevant, a commercial entity represented by counsel that negotiated with Resource (another represented commercial entity) two separate loans, and defaulted on them. In the aftermath, Arcade alleges (through various counts) that Resource demands an inflated amount under the note involved, that it "chilled" a commercially reasonable sale by contact with prospective buyer(s), and otherwise acted so unfairly and deceptively as to render this scenario one of "loan to own" the properties involved. The problem with these allegations is that they may be taken to show, at best, an actual controversy, but fall short of showing a likelihood of success on the merits. Added to this, is my conclusion that money damages would remedy the alleged wrongs, if proven. The core requirments of Packaging Indus. Group, Inc. v. Cheney, 380 Mass. 609, 616-17 (1980), necessary for injunctive relief, are therefore not met. Accordingly, this motion is DENIED. Notices mailed 5/20/16
May 19, 2016 Docket Event Opposition to Plaintiff's Motion for Preliminary Injunction Paper #5 filed by Resource Capital LLC Filed in Court
May 19, 2016 Docket Event Plaintiff Arcade Properties Inc.'s Motion for Preliminary Injunction
May 19, 2016 Docket Event Endorsement on Motion for Short Order of Notice (#4.0): ALLOWED
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