Pan Asia Venture Capital v. Hearst Corp.
Published: Dec. 14, 1996 | Result Date: Nov. 8, 1996 | Filing Date: Jan. 1, 1900 |Case number: 962780 – $348,981
Judge
Court
San Francisco Superior
Attorneys
Plaintiff
Defendant
Experts
Plaintiff
Phillip McLeod
(technical)
Michael Maher
(technical)
Defendant
George Foster
(technical)
Facts
On Feb. 10, 1994, plaintiff Pan Asia Venture Capital, a newspaper publisher, bid for a public notice advertising contract. Defendant Hearst Corp., a competing newspaper publisher and distribution agency, also entered a bid for the same contract, which was required by law to be awarded to the lowest bidder. The defendant was awarded the contract. The plaintiff brought this action against the defendant based on the Unfair Practices Act and unfair competition theories of recovery.
Settlement Discussions
The settlement discussions were not disclosed.
Damages
The plaintiff sought $348,981 plus interest at 5+ percent in damages.
Other Information
The verdict was reached approximately _____ years and ____ months after the case was filed. A settlement conference/arbitration/mediation was held on ___/___/1996 before ______________ (name) of ___________ (affiliation or court) resulting in _____________ .
Deliberation
5 days
Poll
9-3 (liability), 12-0 (damages)
Length
55 days
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