Larson v. Lakeview Lofts, LLC

OPINION

MINGE, Judge.

Appellants, an individual developer and his condominium-development company, challenge the district court’s determination that they breached fiduciary/good-faith obligations imposed on them by Minn.Stat. § 515B.3-120(a)(2) (2010),1 arguing that they did not have such obligations incident to selling the last 17 condominium units of the development and that, if they did, their conduct did not constitute a breach of their fiduciary/good-faith obligations. They also argue that the district court clearly erred in calculating damages. We conclude that appellants had…