JBB’s Attorneys Win Arbitration Award in Malibu Real Estate Litigation

The firm received an Arbitration Award on behalf of its client, Contructora Camabuga, a Mexico-based developer that purchased an ocean-view lot in Malibu back in 2010.  Our client alleged that the seller and the real estate agent intentionally concealed facts relating to geotechnical issues known by them which made the lot unbuildable under State, County and City requirements.  Ret. Judge John W. Kennedy of JAMS found that the evidence presented during the week-long hearing supported the claims in the firm’s complaint.  Judge Kennedy ordered that the purchase agreement be rescinded and that seller return the purchase price to our client, plus attorney’s fees and costs.  JBB specializes in business-related litigation in both state and federal courts and in arbitrations.