Calif. Appeals Court OKs $9.2M Atty Award In Real Estate Spat

By Hailey Konnath (June 11, 2021, 9:46 PM EDT) -- A California appeals court has affirmed a $9.2 million fee award in a decade-old real estate dispute over a San Francisco apartment complex loan, ruling the trial court was correct to award prevailing-party fees to defendant lenders in litigation brought by a borrower.

The three-judge First Appellate District panel on Thursday also reversed an approximately $300,000 statutory costs award. Investment company CP III Rincon Towers Inc. and various mortgage and banking outfits that prevailed in the suit brought by developer Rincon EV Realty LLC, which had looked to block a foreclosure on its property, waited too long to lodge those costs...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!