Jones Partners Construction, LLC v. Apopka Plaza Associates, LLC
Jones Partners Construction, LLC v. Apopka Plaza Associates, LLC
Opinion
Jones Partners Construction, LLC (“Jones Partners”), sued U.S. Bank National Association (“U.S. Bank”) for fraud, alleging that U.S. Bank had created a false impression about funds from a loan U.S. *421 Bank had made to Apopka Plaza Associates, LLC (“Apopka”) — a company that hired Jones Partners to serve as managers on a construction project. Jones Partners asserts that one of U.S. Bank’s loan officers told a Jones Partners executive about U.S. Bank’s loan to Apopka and solicited Jones Partners to work on the project. 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 executive, leaving insufficient funds to pay Jones Partners for its work.
The district court granted summary judgment for U.S. Bank. It found that no reasonable 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 statements conveyed the impression that this project 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 statements indicate trouble — not a guarantee of a loan sufficient to fund payments to Jones Partners. 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 nonmovant.” Fruge ex rel. Fruge v. Parker Drilling Co., 337 F.3d 558, 560 (5th Cir. 2003). We have carefully examined the briefs and relevant portions of the record and have heard the arguments of counsel. Essentially for the reasons stated in the district court’s Memorandum Opinion and Order, we AFFIRM.
Pursuant to 5th Cir. R. 47.5, the court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in 5th Cir R. 47.5.4.
. Jones Partners’ fraudulent concealment claim relied on Jones Partners’ establishing that U.S. Bank had created a false impression.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.