Metin Sado v. Norco Development, Inc. et al.
Published: Sep. 21, 1996 | Result Date: Aug. 21, 1996 | Filing Date: Jan. 1, 1900 |Case number: 686377 – $0
Judge
Court
San Diego Superior
Attorneys
Plaintiff
Ruben Tarango
(Lewis Brisbois Bisgaard & Smith LLP)
Defendant
Steven M. Strauss
(Cooley LLP)
Norman B. Blumenthal
(Blumenthal, Nordrehaug, Bhowmik & De Blouw LLP)
Experts
Plaintiff
Cary P. Mack
(technical)
Robert Jones
(technical)
Defendant
Lee R. Hess
(technical)
Facts
On April 1, 1992, plaintiff Metin Sado purchased a 47 unit apartment building in San Diego from the seller defendants, Norco Development, Inc., Robert Gulotta and Rhonda Gulotta, for $2,525,000. The apartment building was subsequently foreclosed upon by the lender. The plaintiff brought this action against the defendants based on fraud and concealment theories of recovery.
Settlement Discussions
The settlement discussions were not disclosed.
Damages
The plaintiff claimed $1.9 million in damages.
Other Information
The decision was rendered approximately one year and five months after the case was filed, following a 7 day trial.
Length
7 days
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