Real Estate/Development
Jan. 28, 2003
Federal Jury Awards $2.8 Million in 'Bad Faith Waste' Case
CREJ STAFF REPORT LOS ANGELES - A jury found that the former owners of a downtown Los Angeles building purposely allowed the property to fall into disrepair, thus decreasing the property's value and the value of the note held by the lender.
LOS ANGELES - A jury found that the former owners of a downtown Los Angeles building purposely allowed the property to fall into disrepair, thus decreasing the property's value and the value of the note held by the lender.
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