Opinion
Case No.: SAC V09-1462 DOC (RNBX)
08-26-2011
CITRUS EL DORADO LLC, Plaintiff, v. STEARNS BANK, FNBN RESCON I, Does 1 through 25, inclusive Defendant
JUDGMENT
A jury trial in this matter came before this Court on August 23, 2010. After receiving and hearing evidence, and deliberating thereon, the jury returned a verdict as follows:
+-----------------------------------------------------------------------------+ ¦First Cause of Action: ¦$ 16,000,000.00 in favor of the¦ ¦ ¦plaintiff ¦ ¦(Breach of Contract by Stearns) ¦ ¦ +---------------------------------------------+-------------------------------¦ ¦Second Cause of Action (Misrepresentation/ ¦$ 000,000.00 ¦ ¦Fraud) ¦ ¦ +---------------------------------------------+-------------------------------¦ ¦Third Cause of Action (Intentional ¦$ 000,000.00 ¦ ¦Interference) ¦ ¦ +---------------------------------------------+-------------------------------¦ ¦Fourth Cause of Action (Negligent ¦$ 14,000,000.00 in favor of the¦ ¦Interference by Stearns) ¦plaintiff ¦ +---------------------------------------------+-------------------------------¦ ¦Total Damages ¦$ 30,000,000.00 ¦ +-----------------------------------------------------------------------------+
As such, a total judgment in favor of Plaintiff, Citrus El Dorado LLC, and against Defendant, Stearns Bank, in the amount of Sixteen Million Dollars ($16000,000) shall be entered immediately.
Hon, David O. Carter