Resort Properties v. Cherry Investment

VERDICT

Trial
01/03/11 – 01/06/11

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Play button overlay 45f08f27c7337d189e8c31e635b5d0a0781b273131135cd77ee8b6f12366e7a2

Summary

In this real estate litigation proceeding, plaintiff Resort Properties of America, a sole proprietorship owned by real estate broker David Atwell alleged Richard Alter and his firm of not paying the due 2% commission for the purchase of a Las Vegas Resort Hotel. The plaintiff’s counsels claimed that instead of paying the plaintiff, Mr. Alter paid a $2M broker’s commission to a “fake broker” intermediary, and then transferred it back to himself.

The plaintiff was represented by attorney William Kemp. The defendant in this case, Cherry Investment and Development Co was represented by attorney Rex Garner.

The jury found in favor of the Mr. Atwell and awarded $1.5M.

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Outcome

The jury found for David Atwell in the amount of $1,500,000

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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