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Probate and Trusts
Misappropriation of Assets
Breach of Contract

Katherine Walters, William Weidman v. George Weidman

Published: Nov. 17, 2007 | Result Date: May 2, 2007 | Filing Date: Jan. 1, 1900 |

Case number: BC351394 Verdict –  $200,000

Court

L.A. Superior Central


Attorneys

Plaintiff

Stuart L. Leviton


Defendant

Mark S. Novak
(Law Offices of Mark S. Novak)


Experts

Defendant

Jan Anderson
(technical)

Facts

Katherine Walters and William Weidman fought with their brother, George Weidman, over their stepfather's money. After Walter Spengler passed away, George brought numerous lawsuits challenging his estate plan. He asked his brother and sister to sign a stipulation for settlement to resolve the dispute. Walters and William Weidman brought a breach of contract claim against George to share the proceeds from the settlement pursuant to their agreement.

Contentions

PLAINTIFFS' CONTENTIONS:
The plaintiffs contended they signed the stipulation in exchange for defendant's agreement to share the proceeds of the settlement equally. Instead, defendant breached the contract setting forth equal distribution of recovery.

DEFENDANT'S CONTENTIONS:
The defendant denied the existence of such an agreement and contended he owed nothing to plaintiffs.

Result

The plaintiffs were awarded $100,000 each plus 50 percent of any future settlement proceeds, plus costs and prejudgment interest.


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