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CONFIDENTIAL

Sep. 13, 2001

Contracts
Construction Defect
Water Damage

Confidential

Settlement –  $2,173,250

Judge

Frances Rothschild

Court

L.A. Superior Central


Attorneys

Plaintiff

Leslie Steven Marks

Norman S. Wisnicki


Defendant

Peter R. Bing
(Wilson, Elser, Moskowitz, Edelman & Dicker LLP)

Ernesto F. Aldover Jr.
(Pettler, Miller & Aldover LLP)

Stephen J. Henning J.D.


Experts

Plaintiff

Daniel J. McNicoll
(technical)

Mark Yochim
(technical)

David Musser
(technical)

Dan R. Werdowatz PE, SE
(technical)

Clayton McKeown
(technical)

Harry A. MacDonald
(technical)

H. Fred Uttke II
(technical)

Facts

The lawsuit involved a 35-unit condominium complex located in Los Angeles. The project underwent a number
of phases of construction by various entities until its completion in approximately 1994. From the outset, the
plaintiff Association members complained of water intrusion and other issues.
The defendant Bank, which completed the project, made various unsuccessful attempts to remedy these issues.

Settlement Discussions

There were numerous mediation and settlement conferences conducted during the course of several months. The matter was ultimately settled with the active guidance of the court-appointed mediator/referee, Ross Hart.


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