4770 Von Karman Avenue, Newport Beach, California 92660 Directions facebook linked in
Trial Record: Over 90% Win Rate Learn More +
Practice Areas +

Breach of Contract - Promissory Notes

DAILY JOURNAL VERDICTS & SETTLEMENTS
January 17, 2001

CONTRACTS

Breach of Contract Promissory Notes

VERDICT: $725,000.

CASE/NUMBER: Paritcher Khadem Missagh v. Massood Haroonian, George Haroonian / 6C163457.

COURT/DATE: Los Angeles Superior Central / August 27, 2000.

JUDGE: Hon. David L. Minning.

ATTORNEYS: Plaintiff - Mark B. Wilson (Klein & Wilson, Newport Beach).

Defendant - Alexander Haroonian (Law Offices of Alexander Haroonian, Los Angeles); Joel F. Tamraz (Law Offices of Joel F. Tamraz, Los Angeles).

FACTS: The defendants signed two promissory notes with the plaintiff, one for $90,000 and one for $140,000. The defendants made interested payments only for a period of time, then stopped.

PLAINTIFF CONTENTIONS: The plaintiff contended this was a straightforward promissory note case. The defendants owed principal, unpaid interest and attorneys' fees.

DEFENDANT CONTENTIONS: The defendants contended the notes were usurious and the note for $140,000 was forged.

OTHER INFORMATION: The court granted the plaintiff's summary judgment as to two of the defendants. The court granted judgment on the pleadings as to the remaining defendants based upon its view that the defendants' cross-complaint for usury (which was previously settled) admitted every fact the plaintiff needed to prove for a judgment. The defendants have filed an appeal. Just before the parties were to pick a jury, the plaintiff orally moved for judgment on the pleadings which the court granted as to four non-signing defendants. All defendants have filed an appeal.

THE RESULT: The plaintiff recovered damages, interest, attorneys' fees, and costs totaling approximately $725,000.

Contact Us

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Klein & Wilson

Klein & Wilson
4770 Von Karman Avenue
Newport Beach, CA 92660

Newport Beach Law Office Map Phone: 949-631-3300
Toll Free: 877-857-0073
Fax: 949-631-3703

Privacy Policy | Business Development Solutions by FindLaw, a Thomson Reuters business.

Bottom-to-top-button