Wells Fargo Bank as Trustee v. Diamond Point Plaza LP
Sep 30, 2007OUTCOME: Judgment for Plaintiff for over $22 million.
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.
