Saahir Ramji and Beacon Builders Investment Group, LLC v. 6100 Clarkson L.P., Matt Stassi, and Herbert B. Richardson

CourtCourt of Appeals of Texas
DecidedJune 13, 2019
Docket01-18-00044-CV
StatusPublished

This text of Saahir Ramji and Beacon Builders Investment Group, LLC v. 6100 Clarkson L.P., Matt Stassi, and Herbert B. Richardson (Saahir Ramji and Beacon Builders Investment Group, LLC v. 6100 Clarkson L.P., Matt Stassi, and Herbert B. Richardson) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Saahir Ramji and Beacon Builders Investment Group, LLC v. 6100 Clarkson L.P., Matt Stassi, and Herbert B. Richardson, (Tex. Ct. App. 2019).

Opinion

Opinion issued June 13, 2019

In The

Court of Appeals For The

First District of Texas ———————————— NO. 01-18-00044-CV ——————————— SAAHIR RAMJI AND BEACON BUILDERS INVESTMENT GROUP, INC., Appellants V. 6100 CLARKSON, L.P., MATT STASSI, HERBERT B. RICHARDSON, MELVIN GRANT, MELVINE GUILFORD GRANT, AND REGINA PETERSON, EXECUTOR OF THE REGINA GRANT PETERSON TRUST, Appellees

On Appeal from the 295th District Court Harris County, Texas Trial Court Case No. 2014-50460

MEMORANDUM OPINION

After being found liable by a jury for tortiously interfering with real estate

contracts by cutting out the “middleman” in a “pass-through” sale or “flip,” making

negligent misrepresentations to the sellers regarding the transactions, and then failing to comply with the resulting contract with the seller, appellants, Saahir Ramji

and Beacon Builders Investment Group, Inc. (hereafter, “Ramji) bring this appeal

raising five issues: (1) legal and factual sufficiency to support the tortious

interference findings; (2) legal and factual sufficiency to support the breach-of-

contract findings; (3) legal and factual sufficiency to support the negligent

misrepresentation findings; (4) legal and factual sufficiency to support the jury’s

negative finding on an affirmative defense; and (5) trial court error in applying

settlement credits. We affirm.

BACKGROUND

In 2012, Matt Stassi located residential property on Clarkson Lane in Houston

that he was interested in buying. The property was four separate tracts: 0 Clarkson

Lane, owned by Melvin Grant; 6100 Clarkson Lane, owned by Lucretia Grant; 6102

Clarkson Lane, owned jointly by Melvin Grant and his sister, Melvina; and 6104

Clarkson Lane, owned by the Regina G. Peterson trust. Melvin Grant began

negotiating with Stassi on behalf of his relatives. Though Stassi originally planned

to develop the land himself, he, instead, decided to sell the property to another

developer, Saahir Ramji, a real estate attorney and managing partner of Beacon

Builders Investment Group, Inc., who owned the adjacent property. To that end,

2 Stassi, along with his business partner, Herbert B. Richardson, formed a limited

partnership, 6100 Clarkson, L.P.,1 to “flip” the property from the Grants to Ramji.

Thus, the “pass-through” sale or “flip” consisted of two sets of transactions.

The “A-B contracts” between the Grants and Stassi, for a collective price of

$650,000, were signed on June 10, 2014, and all but one was set to close on August

18, 2014.2

The “B-C contracts” between 6100 Clarkson (as Stassi’s assignee) and Ramji,

were also signed on June 10, 2014, for a collective price of “904,384.00, and were

also set to close on August 18, 2014, at the same time as the “A-B contracts.”

Before the August 18th closing, the parties became aware of an issue with the

title to the tract owned by Lucretia Grant; the property was in the name of her late

husband and his estate had not been probated. The parties to the “A-B Contracts”

agreed to extend the closing until August 29th.3

1 For purposes of this opinion, Stassi, Richardson, and 6100 Clarkson, L.P. will be referred to collectively as “6100 Clarkson” unless referring to Stassi or Richardson, individually. 2 The sale from the Regina Grant Trust to Stassi was set to close on or before September 1, 2014. 3 Ramji claims that his obligations to purchase the properties from 6100 Clarkson pursuant to the “B-C contracts” nonetheless expired on August 18, 2014, because he and Stassi talked about, but never agreed to, proceed with the sale of three of the four properties for a reduced purchase price. 6100 Clarkson does not have a claim for breach of the “B-C contracts,” thus whether the “B-C contracts” had expired is not an issue. 3 On August 27, 2014, Leslie Kuhn, an escrow agent at Alamo Title Company,

advised the parties that Alamo Title would not close any deals with 6100 Clarkson

because Stassi had a pending IRS lien. She nonetheless advised them that they were

welcome to seek another title company to close the deals. Both Grant and Ramji

testified that Kuhn told them that the Grants were “out of contract,” although Kuhn

did not recall doing so. Kuhn denied giving Grant’s telephone number to Ramji,

though there was evidence that she texted Ramji’s phone number to Grant.

On that same day, August 27th, two days before the “A-B contracts” were set

to close, Ramji called Grant to discuss the possibility of the Grants selling their

property directly to Ramji, effectively cutting Stassi, the “middleman,” out of the

transactions. Grant testified that Ramji told him that Alamo Title “was not going to

close our deal and the contracts were dead and we were free to sell to whoever we

choose.” Grant believed that he was under contract with Stassi until August 29th,

but Ramji told him that he was not.

On either August 29th or August 30th, Ramji and Grant met at a Chick-fil-A

restaurant to discuss a direct sale between the Grants and Ramji.4 Ramji came to the

meeting with a copy of the “A-B contract” and offered to pay the Grants the same

price. Grant asked for more, so Ramji and Grant renegotiated the price of the three

4 There is a dispute about the date of the Chick-fil-A meeting, which will be discussed in more detail later in the opinion.

4 lots that were then available so that the Grants would receive more than they would

have gotten from Stassi and Ramji would pay less than he would have paid Stassi.

Ramji also told Grant that he needed to send a letter to terminate the “A-B

agreements,” which Grant did on August 31, 2014.5

The contracts negotiated between the Grants and Ramji (hereafter, “the Chick-

fil-A contracts”) are dated August 29, 2014. Heidi Andrews, of Old Republic Title,

the escrow agent for the Chick-fil-A contracts, testified that she receipted the

contracts on August 29, 2014. Andrews testified that “we receipt a contract on the

date it comes in to our office.”

Unable to get in touch with either the Grants or Ramji about extending the

closings beyond August 29th, Stassi filed a lis pendens on the properties. Ramji did

not close the Chick-fil-A contracts with the Grants in light of the lis pendens.

6100 Clarkson and the Grants filed suit against Ramji for tortious interference

with the “A-B contracts.”6 The Grants also brought claims against Ramji for

breaching the Chick-fil-A contracts and negligent misrepresentation. After a jury

trial, the jury returned a verdict against Ramji in favor of 6100 Clarkson and the

Grants. Specifically, 6100 Clarkson was awarded $254,358 and the Grants were

5 A termination letter by the Regina G. Peterson Trust was dated August 29, 2014. 6 Initially, 6100 Clarkson also had claims against the Grants, but those claims were settled.

5 awarded $9,289.54 on their claims that Ramji tortiously interfered with the “A-B

contracts”7 The jury also found that Ramji had breached the Chick-fil-A contracts

with the Grants and awarded them $130,500 cumulatively, plus attorney’s fees and

pre- and post-judgment interest. Though the jury also found in favor of the Grants

on their negligent misrepresentation and tortious interference claims against Ramji,

the Final Judgment does not include an award to the Grants based on these findings.

This appeal followed.

SUFFICIENCY OF THE EVIDENCE

In issues one, three, and four, Ramji contends the evidence is legally and

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Saahir Ramji and Beacon Builders Investment Group, LLC v. 6100 Clarkson L.P., Matt Stassi, and Herbert B. Richardson, Counsel Stack Legal Research, https://law.counselstack.com/opinion/saahir-ramji-and-beacon-builders-investment-group-llc-v-6100-clarkson-texapp-2019.