Gray•Duffy obtains significant recovery for general contractor against owner of high-end single family residence.
December 2017
Overview & Discussion
Tyler Development Corporation v. Oriole Drive (LA) LLC Gray•Duffy was retained to represent the interests of a custom home builder in connection with obtaining monies owed on a very high-end residential construction project. The issues were complicated due to the fact the “owner” of the property was subject to a Federal forfeiture proceeding of all of its assets, including the residence. Despite numerous roadblocks due to the pending asset forfeiture, Gray•Duffy was able to secure a settlement which resulted in a payment to the general contract in amount of $180,000.Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.