Buyers sue Luxury Developer for breach of contract
Area of Law: Real Estate
State Filed: California
Settlement: Client Won
Mr. Gourde represented several wealthy Japanese investors in cases against the developer of the Terranea Resort in Palos Verdes, California. The investors sued when the project completion was delayed and the Defendant developers would not return the buyers’ deposits. The cases involved complex litigation and intense negotiations through which Mr. Gourde was able to obtain settlements for his clients worth millions of dollars in credits for the purchase of new resort units.