Confidential
Settlement – $550,000Judge
Court
L.A. Superior Central
Attorneys
Plaintiff
Defendant
Experts
Plaintiff
Thomas L. Carter
(technical)
Frank Damon
(technical)
Walt Hamann
(technical)
Facts
Environmental contamination was discovered on Plaintiff's rental property in May of 1991. Upon receipt of third party cross-claims and governmental directives litigated in an underlying environmental contamination lawsuit in Orange County Superior Court, Plaintiff landlord tendered claims (and those of her tenants) to her 3 liability carriers, the Defendants. All carriers refused Plaintiff's tender, including one Defendant carrier which accepted the tender of Plaintiff's tenant, a co-insured. Plaintiff filed suit for declaratory relief, bad faith, and emotional distress. Prior to settlement, Plaintiff prevailed on its Motion for Summary Adjudication on the duty to defend.
Settlement Discussions
Plaintiff contends they demanded a $610,000 package from all Defendants and Defendants offered nothing.
Damages
$550,000.
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