Pa. Panel Upholds $2.4M Verdict For Failed Property Swap

Law360 (February 22, 2021, 11:19 PM EST) -- A Pennsylvania appeals court on Monday rejected a California real estate broker's attempt to cut down the $2.4 million verdict he owes an attorney's investment company for a property swap that went afoul, finding that the broker's argument that the verdict should be reduced to account for other settlements was "underdeveloped."

In a 21-page opinion, a three-judge panel unanimously rejected broker Mark Cunningham's argument that the verdict won by investment company M&G should be reduced by the amount M&G has allegedly won in settlements from other defendants in the case.

"This court is not the place, and appellate litigation not the...

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