Real Estate/Development
Sep. 20, 2023
20-year fraternal fight over $1B in assets to start trial
An oral agreement among brothers? A fanciful claim to diamonds and property? Decades of fighting among five brothers are to culminate in an LA trial next week.
A decades-spanning lawsuit involving a fraternal dispute over $1 billion in diamonds and real estate is preparing to head to trial next week.
The case involves five brothers who made fortunes in the diamond industry and the Southern California housing market, and a disputed agreement to share in the profits of one brother’s sprawling real estate business.
Jury selection has begun for the trial, which could take...
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