Moallem v. Coldwell Banker Commercial Group, Inc.
California Court of Appeal
[Opinion certified for partial publication.*]
1Opinion of the Court
Opinion
FUKUTO, J.—
Introduction
These are cross-appeals from a $1,430,937 judgment for negligence and breach of fiduciary duty, awarded to Steve Moallem, as assignee of his corporations Midland Warehouse and Distribution, Inc., and Transmotor Express, Inc. (collectively Midland), against their real estate agents, Cold-well Banker Commercial Group, Inc., and Kent Williams (collectively Cold-well). The judgment stemmed from Midland’s forfeiture of a warehouse property (the property), on which it had held a lease and option to buy, after Coldwell sublet the property for Midland in violation of the…
2Cases cited8 opinions
- Reynolds Metals Co. v. AlpersonCalifornia Supreme Court · 1979
- Xuereb v. Marcus & Millichap, Inc.California Court of Appeal · 1992
- Stout v. TurneyCalifornia Supreme Court · 1978
- Coast Bank v. HolmesCalifornia Court of Appeal · 1971
- Lerner v. WardCalifornia Court of Appeal · 1993
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3Cited by24 opinions
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- Baldwin v. Home Savings of AmericaCalifornia Court of Appeal · 1997
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