Verdicts
Oct. 18, 2008
Arbitrator Says Nay to Heiress' Horse Venture Fraud Claims
The phrase "horse trading" has come to mean shady dealing and shrewd bargaining, tactics associated with frontier merchants with questionable scruples.
Daily Journal Staff Writer LOS ANGELES - The phrase "horse trading" has come to mean shady dealing and shrewd bargaining, tactics associated with frontier merchants with questionable scruples. But in a recent decision, an arbitrator found that not all horse deals leave one party swindled. Retired judge Gary L. Taylor ruled that a Newport Beach businessman did not defraud heiress Joan Irvine Smith in their San Juan Capistrano...
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