This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

CONFIDENTIAL

Jun. 22, 1996

Insurance
Indemnity
Negligent Construction

Confidential

Settlement –  $350,000

Judge

Fumiko H. Wasserman

Court

L.A. Superior Central


Attorneys

Defendant

Dale B. Goldfarb

Alan M. Schnitzer


Facts

The defendant development company built and sold a home to insureds in August of 1986. On January 17, 1994, the insureds' home was severely damaged during the Northridge earthquake. The plaintiff-in-intervention, the insurance company, paid the earthquake insurance claim. The plaintiff-in-intervention brought this action against the defendant to recover the insurance claim payment based on strict liability, negligence and breach of implied warranty theories of recovery.

Settlement Discussions

The plaintiff made a C.C.P. º998 settlement demand for $______________. The defendant made a C.C.P. º998 offer of compromise for $__________________ .

Damages

The plaintiff-in-intervention claimed $__________ in damages (costs of the insurance pay-out).

Other Information

The settlement was reached approximately _____ years and _____ months after the case was filed. A mediation was held on ___/___/19___ before Judge Robert Weil resulting in _________________________ .


#92361

For reprint rights or to order a copy of your photo:

Email jeremy@reprintpros.com for prices.
Direct dial: 949-702-5390