Mitchell Dev. Co. v. Isaac Land Invests., Ltd.

CourtOhio Court of Appeals
DecidedJune 26, 2026
DocketL-25-00188
StatusPublished

This text of Mitchell Dev. Co. v. Isaac Land Invests., Ltd. (Mitchell Dev. Co. v. Isaac Land Invests., Ltd.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mitchell Dev. Co. v. Isaac Land Invests., Ltd., (Ohio Ct. App. 2026).

Opinion

[Cite as Mitchell Dev. Co. v. Isaac Land Invests., Ltd., 2026-Ohio-2438.]

IN THE COURT OF APPEALS OF OHIO SIXTH APPELLATE DISTRICT LUCAS COUNTY

MITCHELL DEVELOPMENT CO., COURT OF APPEALS NO. {48}L-25-00188 ET AL. TRIAL COURT NO. CI0202501140 APPELLANTS

V.

ISAAC LAND INVESTMENTS, LTD., ET AL.

APPELLEES

DECISION AND JUDGMENT

Decided: June 26, 2026

***** John A. Borell, Jr., and Amber C. McAllister, for appellants.

Thomas Dillon and Evan J. Bunis, for appellees.

***** ZMUDA, J.,

I. Introduction

{¶ 1} Appellants, Mitchell Development Co. and Black Road Development Ltd.

appeal from the July 15, 2025 judgment of the Lucas County Court of Common Pleas

granting appellees Isaac Land Investments, Ltd. and Zac Isaac’s motion to dismiss their complaint seeking specific performance of a contract and alleging claims for breach of

contract and fraud. For the following reasons, we reverse the trial court’s judgment.

II. Facts and Procedural Background

{¶ 2} On March 28, 2025, appellants filed a three-count complaint against

appellees in the Lucas County Court of Common Pleas. The first count sought specific

performance and a declaratory judgment related to a contract the parties entered into,

while counts two and three alleged breach of contract and fraud claims, respectively.

Appellants’ complaint alleged the following facts relevant to this appeal.1

{¶ 3} On September 25, 2020, the parties2 entered into a “Purchase and Sale

Agreement” for the transfer of approximately 95 acres of real property located in Lucas

County, Ohio. The terms of the contract and its subsequent amendments permitted

appellants to enter onto and inspect the property to ascertain its suitability for commercial

development. The agreement also permitted appellants, up to the date of closing, the

ability to obtain financing for the construction of improvements on certain portions of the

1 The Agreement references the transfer of two separate collective properties designated “Area A” and “Area B.” The parties’ motion practice only references the obligations and rights of the parties as they relate to Area A. As a result, we reference only those allegations and terms of the contract that describe the parties’ obligations as they relate to Area A. 2 Mitchell Development Co. entered into the agreement with Isaac Land Investments, Ltd. Mitchell subsequently assigned its interests in the agreement to appellant Black Road Development, Ltd. on March 13, 2025. Appellee Zac Isaac was not a named party to the agreement and, in a footnote to the motion to dismiss, challenges his designation as a proper party to this action. For ease of reference, we refer to aligned parties collectively as appellants or appellees and make no judgment as to the proper parties to this action as that issue is not before this court. 2. property. Should it be necessary, appellants were also obligated to obtain, with

appellees’ assistance where necessary, any permits necessary for improving the property

to its intended use. The agreement obligated appellees to use “commercially reasonable

efforts” to secure “tax increment financing” from the local municipality for the permits

and approvals necessary to construct a “Proposed Roadway” between one section of the

property and an existing roadway. That process also required appellees to obtain

approval for the construction of a railroad crossing from a non-party railway company.

Appellees were also obligated to pay for the construction of the roadway.

{¶ 4} Following several amendments to the contract, the closing date was set for

April 10, 2025. Appellants allege that as of March 11, 2025, they had informed appellees

that they were “waiving all contingencies and inspections and [were] prepared to close on

[their] purchase of the property.” But on March 12, 2025, appellees notified appellants,

in writing, that they were terminating the contract prior to closing because “the permits

and approvals required for the construction of the Proposed Roadway (as defined in the

Agreement) have not been secured.” On March 28, 2025, appellants filed their complaint

in the Lucas County Court of Common Pleas. Appellees responded to the complaint on

May 29, 2025 with a motion to dismiss pursuant to Civ.R. 12(B)(6). In their motion,

appellees argued that they had a unilateral right to terminate the contract, pursuant to

Section 4.5.1 which states, in relevant part:

[appellees] shall use commercially reasonable efforts to secure such tax increment financing and such permits and approvals required for the construction of the Proposed Roadway, provided, however, if [appellees are] unable to obtain such financing, permits, or approvals, it shall not be deemed a default by [appellees] hereunder and either party shall have the

3. right to terminate this Agreement by written notice to the other on the day prior to the Area A Closing Date[.]”

Appellees argued that appellants could not succeed on their contractual claims because

section 4.5.1 provided them with the unilateral right to terminate the agreement upon the

failure of the Proposed Railway condition, a right they exercised with their March 12,

2025 written notice. Appellees argue that since they terminated the agreement, they

could not have breached the terminated agreement and, therefore, appellants could prove

no set of facts that allowed them to succeed on their contractual claims for relief.

Appellees further argued that Section 9.1 of the contract limited appellants’ remedies for

a breach of contract to only termination of the contract and the return of their deposit.

Finally, appellees argued that appellants’ declaratory judgment claim and fraud claim

were merely restatements of their breach of contract claim and were barred as a matter of

law.

{¶ 5} In their June 26, 2025 opposition, appellants argued that Section 4.5.1 of the

agreement, seemingly granting both parties a unilateral right to terminate the agreement,

could not be read in isolation. Instead, appellants argued that it must be read in

conjunction with other provisions of the agreement that negated appellees’ purported

unilateral right to terminate the agreement. Specifically, appellants cite Sections 4.1 to

4.5 of the contract. They noted that each of these sections provides an opportunity for

them to waive any conditions appellees did not satisfy, specifically noting that Section

4.5 generally provided that their obligation to purchase Area A were “subject to

satisfaction of the following [including appellees’ obligations under 4.5.1], which are

4. determined by [appellants in their] sole and absolute discretion.” As a result, appellants

argue that Section 4.5.1’s purported grant of a unilateral termination right to appellees

remained subject to their claim of a unilateral final waiver of appellees’ obligations

contained therein and, therefore, could not serve as a bar to their contract claims. They

also argued that the limitation of remedies in the agreement was ambiguous and required

discovery of extrinsic evidence to determine the parties’ intent, precluding resolution of a

question of fact on a Civ.R. 12(B)(6) motion to dismiss. Finally, appellants argued that

their fraud claim alleged that appellees made fraudulent misrepresentations outside of

their obligations under the contract. These representations, they contend, were fraudulent

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Bluebook (online)
Mitchell Dev. Co. v. Isaac Land Invests., Ltd., Counsel Stack Legal Research, https://law.counselstack.com/opinion/mitchell-dev-co-v-isaac-land-invests-ltd-ohioctapp-2026.