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Real Estate Industry Suits

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CALIFORNIA | LOCAL
February 23, 1991 | MICHAEL FLAGG, TIMES STAFF WRITER
An interracial couple sued the Irvine Co. in U.S. District Court here Friday, saying they were denied an apartment in Newport Beach because the man is black. The company, which owns one-sixth of the land in Orange County and is one of the area's largest apartment owners, immediately disputed the allegations. Walter James and Jill DeGarmo of Los Angeles say the Irvine Co.'s apartment manager, Western National Properties Inc.
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BUSINESS
November 10, 2001 | Bloomberg News and Times Staff
KB Home was sued by 64 Texas homeowners who say the Westwood-based homebuilder knowingly put their subdivision on the site of a World War II bombing range. Residents of Arlington's Southridge Hills development alleged in their lawsuit that KB Home knew when it bought the land in the 1990s that the Navy had used it during the war for bombing practice.
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BUSINESS
September 29, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Blocking an attempt by creditors to liquidate the company, a bankruptcy judge has approved a petition by real estate firm Heritage Holding Inc. to reorganize under Chapter 11 of the U.S. Bankruptcy Code. That action could determine whether Heritage will pursue its lawsuit against Northrop Corp. Heritage, formerly Taiyo Development USA Inc.
CALIFORNIA | LOCAL
November 5, 1999 | JOHNATHON E. BRIGGS, TIMES STAFF WRITER
Capping two days of high-profile testimony by Eli Broad, attorneys for the billionaire home builder fended off as "misleading" the characterizations made earlier in court that he had given inconsistent testimony about a partnership deal that went sour. Broad's veracity has become a point of contention during a trial in which his company, SunAmerica, is accusing former partner Jeffrey M. Gault of breach of contract.
BUSINESS
November 1, 1989 | MICHAEL FLAGG, TIMES STAFF WRITER
An Irvine commercial real estate brokerage settled a lawsuit Tuesday with a Los Angeles rival that had accused the Irvine firm of improperly raiding brokers and listings. Scher-Voit Commercial Brokerage Co., an upstart Irvine firm, was sued for $1 million by Daum Commercial Industrial Real Estate in Los Angeles late last year. The suit had been closely followed by local brokers, who said the settlement was generally favorable to Daum.
CALIFORNIA | LOCAL
October 30, 1991 | GREG BRAXTON, TIMES STAFF WRITER
A San Fernando Valley realty group filed a lawsuit Tuesday against two moving companies and three real estate brokers, claiming they illegally used copyrighted, confidential information to solicit business from homeowners trying to sell their homes.
BUSINESS
August 9, 1994 | Ron Galperin
A growing number of real estate-related disputes are being settled out of the courts with the help of private mediation and arbitration. Cases that might have been tied up in litigation for years are being hashed out instead through several hundred companies or individuals in the area that specialize in alternative dispute resolution--or ADR. The San Fernando Valley Assn.
BUSINESS
October 27, 1989 | MICHAEL FLAGG, TIMES STAFF WRITER
Coldwell Banker, the big commercial real estate broker, on Thursday paid $400,000 to a smaller rival which accused Coldwell of taking all of a $600,000 commission the two brokerages should have split. A Superior Court judge in Los Angeles ruled in August that Coldwell Banker should have split the commission with the smaller broker, Lee & Associates of Irvine. Coldwell Banker appeared then to favor appealing the ruling, saying it was wrong and ambiguous.
BUSINESS
December 30, 1994 | JOHN O'DELL, TIMES STAFF WRITER
A federal judge has dismissed real estate giant Century 21 International's allegations that several of competitor ReMax International Inc.'s local franchises made false advertising claims. Century 21, based in Irvine, sued three ReMax franchises, including ReMax South County in Newport Beach, in early 1993 over an advertising campaign in which the offices maintained they were leaders in their markets. But U.S. District Judge Alicemarie H. Stotler on Dec.
BUSINESS
January 13, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
A Los Angeles jury has ordered an electronics company to pay $1.2 million in damages to a landowner for contaminating the dirt under its facility, saying the toxic problems have given the property a "stigma" that has permanently reduced its value. The award was made to Seal Beach-based Bixby Ranch Co. against Spectrol Electronics and three co-defendants, including United Technologies, a conglomerate in Hartford, Conn. United Technologies owned Spectrol at the time of the contamination.
CALIFORNIA | LOCAL
November 4, 1999 | JOHNATHON E. BRIGGS, TIMES STAFF WRITER
Taking the stand Wednesday in a highly contentious lawsuit, billionaire businessman Eli Broad came under a brief--but intense--cross-examination in which opposing attorneys grilled him over apparently inconsistent testimony. Attorneys representing Jeffrey M. Gault, a former partner whom Broad is suing for breach of contract, hammered at the high-profile philanthropist for giving differing accounts under oath about his personal business discussions with Gault.
CALIFORNIA | LOCAL
November 3, 1999 | JOHNATHON E. BRIGGS, TIMES STAFF WRITER
He's one of the nation's 50 wealthiest men, a prominent philanthropist and a land baron whose empire stretches farther than Southern California itself. He tried to bring pro football back to Los Angeles, counts the mayor among his confidants and regularly hosts Bill Clinton when the president comes to town. But today, he'll do what thousands of ordinary people do at the Los Angeles Superior Courthouse: raise his right hand, swear to tell the truth and take the stand to settle an old score.
BUSINESS
December 30, 1994 | JOHN O'DELL, TIMES STAFF WRITER
A federal judge has dismissed real estate giant Century 21 International's allegations that several of competitor ReMax International Inc.'s local franchises made false advertising claims. Century 21, based in Irvine, sued three ReMax franchises, including ReMax South County in Newport Beach, in early 1993 over an advertising campaign in which the offices maintained they were leaders in their markets. But U.S. District Judge Alicemarie H. Stotler on Dec.
BUSINESS
August 9, 1994 | Ron Galperin
A growing number of real estate-related disputes are being settled out of the courts with the help of private mediation and arbitration. Cases that might have been tied up in litigation for years are being hashed out instead through several hundred companies or individuals in the area that specialize in alternative dispute resolution--or ADR. The San Fernando Valley Assn.
BUSINESS
March 24, 1994 | DEBORA VRANA, SPECIAL TO THE TIMES
New state legislation that would require real estate disputes to be solved by mediation instead of lawsuits has been introduced in Sacramento, its supporters said Wednesday. Introduced by Assemblywoman Julie Bornstein (D-Palm Desert), AB 3272 is sponsored by the California Assn. of Realtors and will have its first hearing April 13. In mediation, disputes are resolved with the help of a neutral person who helps the parties clarify issues and explore avenues to a solution.
BUSINESS
January 13, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
A Los Angeles jury has ordered an electronics company to pay $1.2 million in damages to a landowner for contaminating the dirt under its facility, saying the toxic problems have given the property a "stigma" that has permanently reduced its value. The award was made to Seal Beach-based Bixby Ranch Co. against Spectrol Electronics and three co-defendants, including United Technologies, a conglomerate in Hartford, Conn. United Technologies owned Spectrol at the time of the contamination.
BUSINESS
November 10, 2001 | Bloomberg News and Times Staff
KB Home was sued by 64 Texas homeowners who say the Westwood-based homebuilder knowingly put their subdivision on the site of a World War II bombing range. Residents of Arlington's Southridge Hills development alleged in their lawsuit that KB Home knew when it bought the land in the 1990s that the Navy had used it during the war for bombing practice.
CALIFORNIA | LOCAL
November 5, 1999 | JOHNATHON E. BRIGGS, TIMES STAFF WRITER
Capping two days of high-profile testimony by Eli Broad, attorneys for the billionaire home builder fended off as "misleading" the characterizations made earlier in court that he had given inconsistent testimony about a partnership deal that went sour. Broad's veracity has become a point of contention during a trial in which his company, SunAmerica, is accusing former partner Jeffrey M. Gault of breach of contract.
BUSINESS
July 8, 1993 | JOHN O'DELL, TIMES STAFF WRITER
What's in a number? A lot if it's No. 1. Century 21 International, holding company for the giant Century 21 real estate chain, recently obtained a restraining order in U.S. District Court in Orange County prohibiting rival ReMax Inc. in Denver from claiming that it is the No. 1 real estate chain in the world. The order also prohibits ReMax from claiming No. 1 status in North America or even just in the United States.
BUSINESS
September 29, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Blocking an attempt by creditors to liquidate the company, a bankruptcy judge has approved a petition by real estate firm Heritage Holding Inc. to reorganize under Chapter 11 of the U.S. Bankruptcy Code. That action could determine whether Heritage will pursue its lawsuit against Northrop Corp. Heritage, formerly Taiyo Development USA Inc.
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