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TMJ Group LLC v. IMCMV Holdings Inc. et al

  1. July 12, 2018

    Margaritaville Developer Escapes Punitive Damages Bid

    A Louisiana federal judge has granted a restaurant developer’s bid to escape punitive damages in a real estate investment firm’s $3.4 million fraud suit involving two Margaritaville eateries, saying the firm agreed to drop those damages because it wrongly said they were recoverable under Florida law.

  2. May 30, 2018

    Margaritaville Investor Fights Claim Over NOLA Restaurant

    A real estate investment firm urged a Louisiana federal court to deny a Margaritaville restaurant developer's bid to toss a claim in the investor's $3.4 million fraud suit involving a New Orleans eatery that never opened, arguing a failed bank loan had nothing to do with lost profits.

  3. May 14, 2018

    Securities Laws May Not Protect Margaritaville Investor

    A Louisiana federal judge has nixed an investor's claim that it's protected by securities laws in its $3.4 million fraud suit against developers of two Margaritaville restaurants, ruling it's still unclear whether the investment was a contract or a passive instrument that forced the firm to rely on the developers to produce a return.

  4. April 19, 2018

    Margaritaville Developer Dodges Some Investor Claims

    A Louisiana federal court partly granted a restaurant developer's bid to toss a real estate investment firm's $3.4 million suit accusing it of lying about the potential profitability of two new Margaritaville restaurants in New Orleans and Minneapolis, letting the developer off the hook on two claims but keeping the other eight.

  5. August 09, 2017

    Investor Says Margaritaville Developer Can't Shake Suit

    Real estate investment firm TMJ Group LLC on Tuesday stood behind its roughly $4 million contract suit accusing an Orlando, Florida-based restaurant developer of lying about the potential profitability of new Margaritaville restaurants, saying the developer merely offers a slew of unconvincing excuses in an attempt to shake the dispute.

  6. May 04, 2017

    Investor Hits Margaritaville Developer With $3.4M Suit

    Real estate investment firm TMJ Group LLC on Wednesday filed a $3.4 million breach of contract suit in Louisiana federal court against an Orlando, Florida-based restaurant developer, alleging that it negligently misrepresented the potential profitability of TMJ's investment in a new Margaritaville restaurant in Minneapolis' Mall of America.