Appeal of $4 million damages award for repudiation of commercial lease agreement dismissed.
The appellant appealed a trial judgment awarding the respondent over $4 million in damages for the lost opportunity to develop a shopping plaza after the appellant repudiated an oral agreement to be the anchor tenant.
The appellant argued the trial judge erred in finding an independent oral agreement, assessing damages, and failing to consider post-agreement conduct.
The respondent cross-appealed the trial judge's 50% reduction of its disbursements.
The Court of Appeal dismissed both the appeal and cross-appeal, finding no palpable or overriding errors in the trial judge's factual findings or exercise of discretion.
OCACourt of AppealOct 13, 2005