Bardis v. Oates
California Court of Appeal
1Opinion of the Court
Opinion
BUTZ, J.
In this case involving self-dealing, secret markups and clandestine commissions arising out of a real estate partnership, a jury awarded plaintiffs Christo Bardis and Lloyd and Nancy Arnold, a California limited partnership, $165,527.63 in compensatory damages and $7 million in punitive damages against defendants Marvin L. Oates and his corporation A&A Properties, a California corporation.
Defendants launch a twofold attack on the judgment: First, without contesting the factual underpinnings of the jury’s finding that they committed fraud and breach of fiduciary duty, defendants…
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