Topics: Commercial Law
Conyers, GA—Jurors awarded more than $2 million in a suit against a Conyers entrepreneur and his company on an allegedly fraudulent lease guarantee. TrackFinders Music Group, Inc. d/b/a MC2 Funding Group, Inc. v. The Baoming Group, LLC et al. (2013-sv-1202)
A plaintiff normally cannot recover damages for fraud in a breach of contract action, but, in a recent major commercial case, a successful plaintiff was able to add nearly $350,000 to its eventual recovery by successfully adding and proving a fraud count to its original complaint, based on information the defendant revealed for the first time during discovery. Nebo Ventures, LLC v. NovaPro Risk Solutions, LP (Fulton County Sup. Ct., (2012CV202767).
Atlanta, GA—A Fulton County State Court jury awarded over $1.5 million to two men who lost their entire investment in a failed Costa Rican resort real estate venture and then brought a legal malpractice action against their real estate attorney. Eli Peretz et al. v. S. Alan Cohn et al. (12EV015232).