She continued the hearing to June 27 and recommended that the two parties, John Spahi and Michael Reach, attempt to settle their dispute. 0000001296 00000 n Cause Of Action: 28 U.S.C. 0000008813 00000 n Code of Civ. This man controlled who was able to buy and sell in his building. CGC-16-553758 (Super. Code of Civ. Who knows, right now all i can say is that a geotechnical report for a project of this magnitude is usually written by one engineer and reviewed by another more senior engineer. He straight out explained to us that the above was the reason that we were not getting approved. " The lawsuit alleges that Spahi, who now owns a controlling interest and 40 units in the property, misappropriated $11 million out of $50 million FEMA paid Ocean Towers to make repairs after the 1994 Northridge earthquake." . Plant Insulation Co. v. Fibreboard Corp. (1990) 224 Cal.App.3d 781. We attempted to purchase a foreclosed unit that was precious owned by John Spahi. 0000103877 00000 n 3. " ), TJPA reaches global settlement in Millennium Tower litigation. When the agreements were executed, the units were subject to liens in favor of the HOAs lenders. Venice Michael Eggenberger, a member of the New York State Bar, applies for admission pro hac vice as counsel for defendants Windsor Ocean Inc. and John Spahi. But if you're a newcomer to our beautiful island you need to know that it is illegal to wear a necktie on South Padre Island. 0000184153 00000 n We also share information about your use of our site with our social media, advertising and analytics partners. (All Cash) Because the board was totally controlled by Spahi he would not approve our application for the co-op. In 2006 construction began on the 31-story condo building known at the "Ocean Tower" . The second and third causes of action seek to enforce plaintiffs alleged right to indemnification under the purchase agreement. Transbay Joint Powers Authority (TJPA), et al. Submitted by DMLP Staff on Tue, 09/23/2008 - 22:15, Ocean Towers Housing Corp., the owner of an apartment building in Santa Monica, California filed a defamation lawsuit against one of its tenants Richard Stone, who accused the company of breaching its fiduciary duty to its shareholders. Pier supports in the shifting clay more than 100 feet (30m) underground began buckling, stressing beams and columns, causing cracking, spalling, and breaking, eventually causing the building to lean towards the northwest corner, cracking the wall of the adjacent garage, which abuts the tower. Code of Civ. {MCS}, Subscribe to our content! SMart (Santa Monica Architects for a Responsible Tomorrow) Last weeks column was Part 1. ;128.7(b)(1), (4). Zachary however was later dismissed from the lawsuit. While the motion is not well taken, defendant has not shown it was brought to harass or unnecessarily delay. The Miami-based developer, led by president and CEO Edgardo Defortuna, built the 51-story beachfront tower at 17121 Collins Ave. as part . 0000002573 00000 n Spahi argues new allegations in the 5AC mandate this case be stayed under the rule of exclusive concurrent jurisdiction. 0000007695 00000 n On 05/13/2019 OCEAN TOWERS HOUSING CORPORATION filed a Contract - Other Contract lawsuit against SEIF ASCAR AS THE TRUSTEE OF THE WINDSOR PROPERTY TRUST,. To read this as a knowing misrepresentation under ;128.7 would require a narrow, counterintuitive reading. This place is a mess and we are so greatful that our escrow never closed. Donald Trump has settled a lawsuit with more than 100 would-be condo buyers who lost millions of dollars when a Trump-branded luxury condominium project in Baja . Omar Spahi, who owns units in Ocean Towers near the intersection of Ocean Avenue and San Vicente Boulevard filed a lawsuit in 2010 against Isen Investments, Inc., alleging the firm had manipulated the market of his luxury apartments by defaming him. Preliminary evaluation showed that the tower's core had sunk 14 to 16 inches (360 to 410mm), while the attached parking lot had shifted less than half that distance. . . Ocean Tower Settlement and Implosion - Blogger Code of Civ. 2022-09-02, Los Angeles County Superior Courts | Property | Comments 1 | Recommend 0 . PDF EFORE THE STATE COMMISSION ON JUDICIAL CONDUCT - Texas Plaintiffs sued the tower's developer and adjacent property owners, including Jones Day's client, TJPA. I remember when I started blogging a few months ago; I would put in a lot of effort into writing good quality articles, post them on my blog and somehow expect the comments to start pouring in. Can check for updates at the LA Superior Court link above. According to the ruling, representatives of Isen Investments allegedly began defaming Spahi and conspiring to deflate the value of his real estate holdings after Spahi had filed for Chapter 11 bankruptcy protection in December 2009. [11][5] By this time more than 100 of the condominiums had been sold. officers, directors, shareholders, when Windsor knew it had none. The lawsuit alleges that Spahi, who now owns a controlling interest and 40 units in the property, misappropriated $11 million out of $50 million FEMA paid Ocean Towers to make repairs after the 1994 Northridge earthquake.". Ocean Towers Lawsuit Permitted To Go Forward: - SM Mirror The HOA argues Windsors discovery responses show it is an alter ego of Spahi existing for the purpose of perpetrating fraud upon the HOA. hbbd``b`j@ H0G @H L@ 3 The appeals court affirmed the ruling on essentially the same grounds. VS KB VISION FOUNDATION, ET AL. By Zach Armstrong The Shore Hotel, a James Heaps Worked at the UCLA Student Health Center and UCLA Medical Center Where Women Have Alleged He Assaulted Them. Eric Uller Allegedly Abused Young Boys Over a Multi-Decade Period Starting in the Late 1980s.
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