Pointe San Diego Residential Community, L.P. v. W.W.I. Properties (July 11, 2007, D044695) 2007 WL 1991205 [nonpublished opinion]

This hotly-contested case arose out of a complex real estate development venture. It involved a wide range of claims and counterclaims, including breach of contract, breach of fiduciary duty, accounting, trespass, conversion and shareholder derivative claims. Following a two-phase trial that lasted 5 weeks, the court awarded about $10 million in compensatory and punitive damages. Then, the court granted a new trial on plaintiffs’ claim that the judgment should have been many millions of dollars more. Representing the primary defendants, Irving Greines and Barbara Ravitz secured a reversal of most of the judgment, as well as the new trial order. They also successfully defended against the bulk of plaintiffs’ cross-appeal, which sought an additional $40 million.

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