Confidential
Settlement – $100,000Facts
The plaintiff was the homeowners association of a two-unit condominium complex located in Hermosa Beach that was built in 1991. In 1993, plaintiffs began noticing water intrusion in the units. The plaintiff brought this action against the developer and general contractor based on negligence and breach of contract theories of recovery. The sole issue was the method and cost of repairs.
Settlement Discussions
Settlement discussions were not disclosed.
Damages
The plaintiffs claimed $130,000 in damages plus $10,000 attorney fees and costs.
Other Information
The settlement was reached approximately two months after the case was filed. MEDIATION: A mediation was held on Dec. 18, 1997, before Ross Hart of the American Arbitration Association resulting in the reported settlement.
Poll
12-0
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