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Real Property
Real Estate Purchase/Sale
Unimproved Property

Shannon Earl v. RDDC, Inc.

Published: May 10, 1997 | Result Date: Nov. 26, 1996 | Filing Date: Jan. 1, 1900 |

Case number: 682586 –  $52,432

Judge

Ronald S. Prager

Court

L.A. Superior Central


Attorneys

Plaintiff

Evan L. Ginsburg
(Law Offices of Evan L. Ginsburg)

Richard A. Ascher


Defendant

Charles E. Purdy IV

James J. Reynolds

Steven L. Klein


Facts

Plaintiff Shannon Earl, sold a piece of land to defendant RDDC Inc., Tony Butler and John and Cheri Butler. The plaintiff agreed to subordinate her purchase money loan to RDDC so that it could get a construction loan. RDDC defaulted on both the construction loan and the purchase money loan. The plaintiff sought to recover the amount she had loaned to defendant RDDC to buy the land. The plaintiff brought this action against the defendant based on a breach of loan agreement theory of recovery.

Settlement Discussions

The settlement discussions were not disclosed.

Damages

The plaintiff claimed $39,932 for the loan amount.

Other Information

EXPERT TESTIMONY: The case of the San Diego council, was heard by the court in one day to accommodate out of state witnesses

Deliberation

____ hours/days

Poll

Bench ??

Length

1 day


#79459

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