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Defense Award in Binding Arbitration

Managing Partner Brian Plante and Patrick Craig obtained a complete defense award on behalf of a prominent Los Angeles real estate broker in a case involving alleged fraud, concealment, and nondisclosure in conjunction with the sale of a luxury high-rise condominium. The arbitrator found no liability on behalf of the broker and returned a complete defense award. The broker had served a statutory offer to compromise prior to the arbitration, which was rejected. In post-arbitration cost motions, the arbitrator awarded the broker its litigation costs as the prevailing party, including its expert fees and its share of the arbitration costs.