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State court of last resort · ST-VA-SC
Bentley Funding Group v. SK&R Group
No. 041386Supreme Court of Virginia
041386 Bentley Funding Group v. SK&R Group 03/03/2005 In a dispute over ownership of cash erosion control escrow deposits, the trial court erred in finding that a development company's failure to list the escr…
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041386 Bentley Funding Group v. SK&R Group 03/03/2005 In a dispute over ownership of cash erosion control escrow deposits, the tr…
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- Supreme Court of Virginia
- First added here
- October 4, 2026
- Last entry
- March 3, 2005
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041386 Bentley Funding Group v. SK&R Group 03/03/2005 In a dispute over ownership of cash erosion control escrow deposits, the trial court erred in finding that a development company's failure to list the escrows as assets in bankruptcy filings precluded its ownership claim, in determining that a contract conveying the property to a new purchaser transferred the escrows to the purchaser (either as purchased property or as development rights), and in determining that the developer's principal had no claim to the escrows. The judgment is reversed and the case remanded for a determination of the ownership of the escrows as between the development company and its principal.
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· Supreme Court of Virginia
ReversedRemanded
The court's record, as written
041386 Bentley Funding Group v. SK&R Group 03/03/2005 In a dispute over ownership of cash erosion control escrow deposits, the trial court erred in finding that a development company's failure to list the escrows as assets in bankruptcy filings precluded its ownership claim, in determining that a contract conveying the property to a new purchaser transferred the escrows to the purchaser (either as purchased property or as development rights), and in determining that the developer's principal had no claim to the escrows. The judgment is reversed and the case remanded for a determination of the ownership of the escrows as between the development company and its principal.
Outcome words in this text: reversed, remanded.
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