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January 27, 2010
Top Arbitration
‘It's greatly rewarding to have
someone be
vindicated not just over money but because they were right.”
- Jules Kabat |
Oxford Street Properties LLC v. Rehabilitation
Associates LLC, Fedora Investment Corp.
Cause:
Oxford claimed the defendants engaged in fraud, economic duress,
and breach of fiduciary duty in connection to their actions with
respect to a historic renovation project in downtown Los Angeles'
Gallery Row. Rehabilitation and Fedora counterclaimed for fraud
and construction defect.
Result:
Arbitrator awarded the plaintiffs $29.1 million and rejected the
fraud counterclaim. Arbitrator also found the construction defect
counterclaim to be mooted by his grant of Oxford's recission claims.
Plaintiffs' trial team:
Jules L. Kabat, Raquel
Vallejo, Russ, August & Kabat in Los Angeles
Defense:
Law Offices of Thomas A. Nitti; Lance Robbins Attorney at Law
Arbitrator:
Richard Chernick, JAMS
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