Cases

Emanuele v. Bisno (Mar. 13, 2008, A117913) 2008 WL 668020 [nonpublished opinion]

A jury found in favor of plaintiffs on their fraud complaint in a commercial real estate case. ¬†Defendants moved for JNOV and a new trial, arguing that plaintiffs failed to prove the value of their limited partnership interests and/or failed to prove a reasonable basis for calculating damages, and that the trial court erred as a matter of law in its calculation of prejudgment interest.¬† The trial court denied defendants’ motions.

Defendants appealed, challenging the sufficiency of evidence supporting the awards of compensatory damages and compound prejudgment interest.

The Court of Appeal affirmed.