Hollow Victory: A group of small developers has won an $8.5-million verdict against defunct Pacific Savings Bank in Costa Mesa, but they may have a difficult time collecting much money.
The developers--Craig Delfs of San Juan Capistrano, Donald Sojka of Laguna Beach and Harry McKim of San Diego--lost a bid to reap millions of dollars in profits in developing a 100-acre site in Rowland Heights in the mid-1980s when a Pacific Savings subsidiary charged them nearly $1 million in loan fees and interest but never funded a $16-million loan.
