$7 million of the settlement will go to the owners of the eight units that were destroyed by the landslide and the other $5.5 million will go to the homeowners association and its individual members. Patrick E. Catalano is quoted in the article.
The full text of this article can be found here: www.signonsandiego.com/news/northcounty/20070721-9999-1mi21marbel.html
Of the $12.5 million settlement, the City of Carlsbad and Carlsbad Municipal Water District will pay $11.3 million and their insurance carrier will pay the remainder.
The full text of this article can be found here: www.10news.com/news/13727274/detail.html
The suit alleges that those who purchased units in the complex were defrauded due to the fact that units they purchased were in actuality smaller than the square footage represented to them as prospective buyers. Patrick E. Catalano is quoted in the article.
The full text of this article can be found here: http://www.sfgate.com/realestate/article/SAN-FRANCISCO-Luxury-condo-complex-spawns-2513429.php
The suit alleges that square footage of units sold at the Villa Vincenza condominium complex was significantly less than that which was represented to buyers, in some cases up to 185 square feet. Patrick E. Catalano is quoted in the article.
The full text of this article can be found here: www.signonsandiego.com/news/business/20060802-9999-1b2condo.html