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Buyers sue Luxury Resort Developer for breach of contract

Buyers sue Luxury Resort Developer for breach of contract

Attorney:  Attorney Thomas L Gourde

Area of Law: Real Estate

Date: 01/01/2009

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.

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