Cacique, Inc. v. Proctor Industrial Investors, LLC

MOTION FOR AN ORDER AWARDING ACCRUED AND PRE-JUDGMENT INTEREST AND ATTORNEYS’ FEES

MOVING PARTY: Defendant/Cross-Complainant Proctor Industrial Investors, LLC

RESPONDING PARTY(S): Plaintiff/Cross-Defendant Cacique, Inc.

STATEMENT OF MATERIAL FACTS AND/OR PROCEEDINGS:

Plaintiff buyer alleges that Defendant seller has breached an agreement for sale of real property by refusing to complete improvements prior to the close of escrow.

Defendant filed a cross-complaint alleging that Plaintiff did not deposit an additional $1,500,000 into escrow as required by the terms of the Agreement once the Contingency Date had passed.

On December 27, 2017, judgment was entered in favor of Defendant/Cross-Complainant. Defendant/Cross-Complainant Proctor Industrial Investors, LLC moves for an order awarding accrued and pre-judgment interest and attorneys’ fees.

TENTATIVE RULING:

Defendant/Cross-Complainant Proctor Industrial Investors, LLC’s motio