2720 Uridias Ranch LLC v. Rosemary Delta, Santa Clara County Superior Court Case No. 108CV125828
N/AOUTCOME: This complex transaction led to multiple suits and settlements, including an action against the client’s broker for his breach of fiduciary duty.
Represented a successful bidder at the foreclosure sale of a leasehold interest as landlord of a San Jose hotel who discovered after purchase that a network of other subleases and deeds of trust held b ... y a few individuals’ LLCs and shell companies compromised and encumbered the interest he thought he was acquiring. This complex transaction led to multiple suits and settlements, including an action against the client’s broker for his breach of fiduciary duty in encouraging the client to bid at the sale while concealing the conditions of title, and the amount, nature, and status of existing liens against the property.
