Verdicts
May 2, 2009
Developer Ordered To Pay $14 Million In Lease Dispute
A federal judge in San Jose last week issued a tentative order requiring a real estate developer to pay $14 million in damages to First National Mortgage Company in a long-running breach of contract case.
Daily Journal Staff Writer SAN FRANCISCO - A federal judge in San Jose last week issued a tentative order requiring a real estate developer to pay $14 million in damages to First National Mortgage Co. in a long-running breach of contract case in which the defendant still maintains that there was never a binding contract to begin with. Barring any changes to the tentative order that could result from objections due next week, U.S....
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