Calif. Court Revives Suit Over $3M Trailer Park Deposit

Law360, New York (January 24, 2014, 3:47 PM EST) -- A California appeals court on Thursday breathed new life into real estate group Rutherford Holdings LLC's attempt to recover a $3 million deposit on a mobile home park it ultimately did not purchase. 

The decision by a panel in the California Court of Appeal's Sixth Appellate District said a Santa Clara County Superior Court judge erred by dismissing Rutherford Holdings' case against Plaza Del Rey and its vice president of operations, Shereen Caswell.

The dispute centered on a contract the two parties signed in May 2008,...
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