Madeleine Winn v. Bank of San Francisco
Published: Dec. 31, 1994 | Result Date: Nov. 18, 1994 | Filing Date: Jan. 1, 1900 |Case number: PV933206 – $0
Judge
Court
El Dorado Superior
Attorneys
Plaintiff
Defendant
Experts
Plaintiff
R.H. Davis
(technical)
Thomas M. Moulton
(technical)
Defendant
David H. Colton
(technical)
Dennis O'Brien
(technical)
Facts
Beginning in 1989, Defendant Bank of San Francisco agreed to loan Plaintiff Madeleine Winn approximately $4,500,000 to subdivide and market 10-acre lots at Pilot Hill Crossing. Only one lot sold from 1989 through 1991. Ms. Winn could not repay the loan and the bank foreclosed on the property.
Settlement Discussions
Defendant contends it made a 998 offer in the amount of $100,000 and Plaintiff demanded $2,000,000.
Damages
Plaintiff initially claimed $6,000,000 in lost-profits potential; reduced to $2,400,000 in closing argument.
Deliberation
6 hours
Poll
11-1 liability, 12-0 damages
Length
3 weeks
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