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United States Court of Appeals Fifth Circuit F I L E D In the May 15, 2007 United States Court of Appeals Charles R. Fulbruge III for the Fifth Circuit Clerk _______________ m 06-10545 _______________ JONES PARTNERS CONSTRUCTION, LLC, Plaintiff-Appellant, VERSUS APOPKA PLAZA ASSOCIATES, LLC, AND U.S. BANK NATIONAL ASSOCIATION, Defendants-Appellees. _________________________ Appeal from the United States District Court for the Northern District of Texas m 3:04-CV-1294 ______________________________ Before GARWOOD, SMITH, and DEMOSS, Partners”), sued U.S. Bank National Associa- Circuit Judges. tion (“U.S. Bank”) for fraud, alleging that U.S. Bank had created a false impression about PER CURIAM:* funds from a loan U.S. Bank had made to Apopka Plaza Associates, LLC (“Apop- Jones Partners Construction, LLC (“Jones ka”)SSa company that hired Jones Partners to serve as managers on a construction project. Jones Partners asserts that one of U.S. Bank’s * Pursuant to 5TH CIR. R. 47.5, the court has de- loan officers told a Jones Partners executive termined that this opinion should not be published about U.S. Bank’s loan to Apopka and solic- and is not precedent except under the limited cir- ited Jones Partners to work on the project. cumstances set forth in 5TH CIR. R. 47.5.4. Meanwhile, this same loan officer knew that the loan proceeds had been exhausted almost completely to cover up an illicit transaction between the loan officer and an Apopka exec- utive, leaving insufficient funds to pay Jones Partners for its work. The district court granted summary judg- ment for U.S. Bank. It found that no reason- able juror could conclude that U.S. Bank’s conduct created a false impression that funds would be available to pay for construction costs because, if anything, U.S. Bank’s state- ments conveyed the impression that this pro- ject and loan were both in trouble. U.S. Bank’s loan officer told Jones Partners that the interest on the loan was “eating [Apopka] alive” and that Apopka and U.S. Bank really needed Jones Partners to help. These state- ments indicate troubleSSnot a guarantee of a loan sufficient to fund payments to Jones Part- ners. Because the court found that U.S. Bank did not create a false impression, it concluded Jones Partners could not make out a case for fraud or for fraudulent concealment.1 “This Court reviews grants of summary judgment de novo, applying the same standard as the district court, viewing the evidence in a light most favorable to the non-movant.” Fruge ex rel. Fruge v. Parker Drilling Co.,
337 F.3d 558, 560 (5th Cir. 2003). We have carefully examined the briefs and relevant por- tions of the record and have heard the argu- ments of counsel. Essentially for the reasons stated in the district court’s Memorandum Opinion and Order, we AFFIRM. 1 Jones Partners’ fraudulent concealment claim relied on Jones Partners’ establishing that U.S. Bank had created a false impression. 2
Document Info
Docket Number: 06-10545
Citation Numbers: 227 F. App'x 420
Judges: Garwood, Smith, Demoss
Filed Date: 5/15/2007
Precedential Status: Non-Precedential
Modified Date: 11/5/2024