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Real Estate & Property Law

: Law of the Land

CA Dist. Court Concludes Town Must Pay-Up after Repudiating Development Agreement

By Patty Salkin

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The defendant, the Town of Mammoth Lakes, appealed the outcome of a jury trial in the Superior Court of Mono County, which ordered damages totaling over thirty two million dollars to the plaintiff, Mammoth Lakes Land Acquisition, in an anticipatory repudiation of contract action (development agreement). The Town seeks reversal on numerous grounds, including that [...]

Full post as published by Law of the Land on January 21, 2011 (boomark / email).

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