Dallas Suburb Kills Developer's $9M Win Over Land Option

Law360, Dallas (May 4, 2016, 6:51 PM EDT) -- A Texas appellate court on Tuesday stripped a $9 million judgment from a developer that claimed a Dallas suburb violated a deed restriction by building a library on designated park land, holding the library falls within the deed’s requirement land be used for a “recreational facility.”

The Fifth Court of Appeals in Dallas entered a take-nothing judgment against developer El Dorado Land Co. LP, which had conveyed property to the city of McKinney with a restriction the land be used as a community park. El Dorado,...
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