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CONFIDENTIAL

Oct. 19, 1996

Breach of Fiduciary Duty
Broker Negligence
Fraud

Confidential

Settlement –  $20,000

Judge

James E. Satt

Court

L.A. Superior Civil West


Attorneys

Plaintiff

Michael P. Rubin
(Michael P. Rubin & Associates Inc.)


Defendant

Paul Alvarez


Facts

In __//19____, the plaintiffs allegedly told their real estate broker to submit an offer of a particular property. The defendant broker allegedly failed to convey the offer to the sellers, preventing the plaintiffs from purchasing the property. Plaintiffs claimed lost profits. The plaintiffs brought this action against the defendants based on breach of fiduciary duty, fraud and negligence theories of recovery.

Settlement Discussions

The plaintiffs made a C.C.P. º998 settlement demand for $50,000. The defendants made a C.C.P. º998 offer of compromise for $10,000.

Damages

The plaintiff claimed $___________ in damages.

Other Information

The settlement was reached approximately _____ years and _____ months after the case was filed. A settlement conference/arbitration/mediation was held on ___/___/19____ before ______________ (name) of _____________ (affiliation or court) resulting in _____________ .


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