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Real Estate/Development

Nov. 23, 2016

High court deals setback to real estate industry

The unanimous high court decision means that disgruntled home buyer Hiroshi Horiike can pursue his breach of fiduciary claims.

By Kevin Lee
Daily Journal Staff Writer

The state Supreme Court dealt a setback to the real estate industry on Monday when it revived a Hong Kong millionaire's lawsuit against a real estate agent for the rich and famous.

The unanimous high court decision means that disgruntled home buyer Hiroshi Horiike can pursue his breach of fiduciary claims in Los Angeles County Superior Court against Coldwell Banker Real Estate LLC and Chris Corta...

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