Contracts
Breach of Contract
Lease Agreement
4580 Thousand Oaks Boulevard Corporation v. In-Three Inc.
Published: Jun. 23, 2012 | Result Date: May 3, 2012 | Filing Date: Jan. 1, 1900 |Case number: 56-2011-00396570- CU-or-SIM Verdict – $2,863,640
Court
Ventura Superior
Attorneys
Plaintiff
Defendant
Experts
Plaintiff
Michael P. Russell
(technical)
Defendant
Jeffrey Mintz
(technical)
Facts
The claim arose from Defendant's abandonment of a commercial office building four years, eight months prior to the expiration of the lease term.
Contentions
PLAINTIFF'S CONTENTIONS:
Plaintiff claimed that Defendant was in breach of the lease. The market conditions prevented re-leasing of the building, warranting damages of $4.7 million.
DEFENDANT'S CONTENTIONS:
Defendant claimed that Plaintiff was not the true owner of the property and owner failed to mitigate its damages.
Result
Plaintiff's verdict for $2,863,640.
Other Information
FILING DATE: April 21, 2011.
Deliberation
two hours.
Poll
12-0
Length
five days
#111477
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390