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CONFIDENTIAL

Feb. 18, 1995

Construction
Commercial Property
Failure to Disclose

Confidential

Settlement –  $1,100,000

Judge

Floyd Schenk

Court

Orange Superior


Attorneys

Plaintiff

Mark A. Wuebben


Defendant

Glenn D. Nelson


Facts

In March of 1990, Plaintiff purchased a golf club from Defendant seller, a subsidiary of Defendant savings and loan association.

Settlement Discussions

Offers and demands were not disclosed.

Damages

Landslides, soil problems, leaks, cart path problems, unpaid property taxes, defective sewer lift station, clubhouse defects, water problems, erosion problems, et cetera. The estimated value was not disclosed.


#86455

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