Wells Fargo Bank as Trustee v. Diamond Point Plaza LP

Jeff Joyce

Case Conclusion Date:September 30, 2007

Practice Area:Litigation

Outcome:Judgment for Plaintiff for over $22 million.

Description:Suit on conduit real estate loan. Liability based on borrower fraud and waste of collateral. Judgment against co-defendant Wal-Mart Stores, Inc. for violation of anchor tenant lease by violating radius restriction and subletting to non-retail subtenant.