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Law Practice

Mar. 23, 2006

1601 McCarthy Boulevard v. GMAC Commercial Mortgage - $40.8 million

PLAINTIFF POWER - One of nation's largest mortgage companies didn't refund $7.2 million, and as a result, GMAC Commercial Mortgage Corp. now owes $40.8 million.

        One of nation's largest mortgage companies didn't refund $7.2 million, and as a result, GMAC Commercial Mortgage Corp. now owes $40.8 million.
        "This is a case where what happened really is the cost of arrogance," said lead plaintiffs' attorney Jon B. Streeter of Keker & Van Nest in San Francisco.
        The two lead defense attorney...

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