Resort Properties v. Cherry Investment

VERDICT

Trial
01/03/11 – 01/06/11

Summary

In this real estate litigation proceeding, plaintiff Resort Properties of America, a sole proprietorship owned by real estate broker David Atwell alleged Richard Alter and his firm of not paying the due 2% commission for the purchase of a Las Vegas Resort Hotel. The plaintiff’s counsels claimed that instead of paying the plaintiff, Mr. Alter paid a $2M broker’s commission to a “fake broker” intermediary, and then transferred it back to himself.

The plaintiff was represented by attorney William Kemp. The defendant in this case, Cherry Investment and Development Co was represented by attorney Rex Garner.

The jury found in favor of the Mr. Atwell and awarded $1.5M.

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Outcome

The jury found for David Atwell in the amount of $1,500,000

Case Information
Attorneys
Witnesses
Plaintiff
Defense
Verdict
$1,500,000
Judge
David Barker
Jurisdiction
8th District Court of Nevada
Court
Regional Justice Center
Case Number
06A518499
Industry
Real Estate, Hospitality
Practice Area
Real Property, Commercial Law
Plaintiff
Resort Properties of America
Defense
Cherry Investment and Development Co.
Expert Witnesses
    Lay Witnesses

    Sessions

    JAN
    3
    JAN
    4
    PM Session
    Plaintiff Witness(es)
    2 Chapters
    JAN
    5
    JAN
    6

    Recording Disclaimer: This proceeding was recorded in full.

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