Omni Bank v. Bunker Hill; Peter Yang
Published: Apr. 26, 1997 | Result Date: Apr. 9, 1997 | Filing Date: Jan. 1, 1900 |Case number: GC014437 – $2,250,400
Judge
Court
L.A. Superior Central
Attorneys
Plaintiff
Defendant
Facts
On Dec. 6, 1991, plaintiff Omni Bank claimed defendant Peter Yang signed a guaranty for $1.9 million, or authorized a representative to sign for him. Defendant Peter Yang claimed he had no knowledge of the transaction. The plaintiff brought this action against the defendants based on a breach of guaranty theory of recovery.
Settlement Discussions
The plaintiff made a settlement demand for $1.5 million. The defendant made no settlement offers.
Damages
The plaintiff claimed $2,250,400 in damages.
Other Information
The verdict was reached approximately two years after the case was filed.
Deliberation
5+ hours
Poll
11-1
Length
8 days
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