Commercial Real Estate: Misrepresentation
N/AOUTCOME: Our client received a seven figure award.
We represented a long time client who was the purchaser in a complex real estate fraud/breach of contract matter involving a 1031 acquisition of a commercial office complex in 2001. The case took ove ... r 5 years to resolve, first within the JAMS arbitration system where our client prevailed after a 10 day hearing with an award in excess of $1,175,000 and then in California state court to confirm and defend the award from challenges by the Defendants. The case was ultimately settled before judgment was entered in the state court action. Our client was awarded substantial damages, costs and attorney's fees as part of the award.
