Breach of Contract - Failure to Pay

DAILY JOURNAL VERDICTS & SETTLEMENTS

January 2010

CONTRACTS

Breach of Contract - Failure to Pay

SETTLEMENT: $825,000.

CASE/NUMBER: Doe v. Shari Sullivant, an individual; Shari Sullivant, as Trustee of the Sullivant Family Trust; Sullivant Family Trust / KC056795.

COURT/DATE: Los Angeles Superior Pomona / Dec. 23, 2009.

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

Defendant - Steven A. Fink (Law Offices of Steven A. Fink, Newport Beach).

FACTS: Plaintiff sued defendant Shari Sullivant, in both her personal capacity and as trustee of the Sullivant Family Trust, over an alleged breach of contract.

PLAINTIFF'S CONTENTIONS: Plaintiff claimed that Sullivant failed to pay money owed under a promissory note.

DEFENDANT'S CONTENTIONS: Sullivant claimed the promissory note was usurious.

DAMAGES: Plaintiff claimed damages of $665,887 plus interest.

RESULT: A stipulated judgment was returned for Plaintiff.