Construction Defect
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Case Details
Construction defect complaint against Green Street Venture, LLC, developer of a 60-unit condominium complex. Plaintiff's experts alleged extreme defects and high repair costs.
Additional Notes
Case settled confidentially after jury deliberation. Plaintiff requested $17 million before trial, reduced to $15 million at trial. Defense cost of repair was $1.1 million. Jury interviews indicated they would have likely returned a verdict of $2.0-2.5 million.