Investors who purchased three building lots at $90,000 each have won a nearly $11 million default judgment against real estate developers in the rural northwest Georgia town of Trenton.
Dade County Superior Court Judge Brian House ordered the developers of the Preserve at Rising Fawn to pay $10 million in punitive damages, plus compensatory damages of $900,000 and attorney fees of $15,000 to a Virginia couple who bought land in a luxury mountain retreat that was never built.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
