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SUMITOMO REAL ESTATE SALES INC. v. QUANTUM DEVELOPMENT CORP.

Civil No. 05-2333 (JAG).

434 F.Supp.2d 93 (2006)

SUMITOMO REAL ESTATE SALES (N.Y.), INC., Plaintiff v. QUANTUM DEVELOPMENT CORP., et al., Defendants.

United States District Court, D. Puerto Rico.

June 12, 2006.

Attorney(s) appearing for the Case

Jose A. Axtmayer-Balzac, Axtmayer, PSC, Axtmayer, PSC, San Juan, PR, for Plaintiffs.

Antonio A. Arias-Larcada, McConnell Valdes, San Juan, PR, for Defendants.

OPINION AND ORDER

GARCIA-GREGORY, District Judge.

On December 27, 2005, plaintiff Sumitomo Real Estate Sales (N.Y.), Inc. ("Sumitomo") filed suit against Quantum Development Corp. ("Quantum"), Virtus Investments, Ltd., Desarrollos Urbanos Arloy, C.A., Eduardo Velazco Castillo, and Armando Loynaz Reveron (collectively "defendants"), seeking damages for breach of contract, misrepresentation, and "dolo" (fraud), or, in the alternative, restitution for unjust...

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