Confidential
Settlement – $3,245,000Judge
Court
Fresno Superior
Attorneys
Plaintiff
Defendant
Facts
From 1991 to 1993, the defendant developer and the defendant subcontractors constructed 131 single family homes in Clovis, California. The homes originally sold in the range of $99,000 to $135,000. The plaintiff homeowners claimed the homes had a variety of construction defects, including faulty framing, missing shearwalls and holddowns, leaking roofs and windows, cracked stucco, cracked sitework, defective plumbing and heating, ventilation and air conditioning. The plaintiff homeowners brought this action against the developer and its subcontractors based on breach of contract, breach of warranty and negligence.
Settlement Discussions
The plaintiff made a settlement demand for $7,910,590. The defendants made a settlement offer of $1,618,398.
Damages
The plaintiff homeowners association claimed $7,910,590 in damages.
Other Information
The settlement was reached approximately two years after the case was filed. A mediation was held before William Nagle, resulting in the reported settlement.
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