Insurance
Jun. 9, 2017
Los Angeles receives almost $20M less than it sought from downtown fire lawsuit
The city of Los Angeles got a substantially smaller settlement amount than it had sought related to a downtown apartment fire that damaged city property.
Daily Journal Staff Writer
The city of Los Angeles will receive a $400,000 settlement related to a 2014 arson that damaged neighboring city property — just a fraction of the $20 million the city sought to recoup from a real estate developer.
The settlement, finalized Tuesday in Los Angeles County Superior Court, will be paid by prominent area developer Geoffrey H. Palmer, whose Da Vinci Ap...
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