Calif. Court Revives Condo Owners' Suit Over $17.5M Lien

Law360, Los Angeles (February 27, 2014, 4:38 PM EST) -- A California appeals court on Wednesday partially revived a lawsuit brought against developer Wilshire Landmark LLC by condominium unit owners who say Wilshire exposed them to the liability on a $17.5 million mechanics lien, holding that the owners only needed to show some form of economic injury.

A three-judge appellate panel on Wednesday reversed a lower court’s judgment finding that a group of current unit owners didn't have standing to bring an unfair competition law claim, saying a plaintiff can seek to enjoin activities that violate...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.