Alameda, LLC v. Shama, LLC
Plaintiff 9901 Alameda, LLC, appeals from a judgment after court trial in favor of defendant Shama, LLC, in an action for specific performance and related claims. The principal issue, which the court determined in defendants favor, was whether defendant legitimately terminated the escrow. The courts holding was based upon a related conclusion, that plaintiff had disapproved an environmental contingency in the contract. Court conclude, however, that under the undisputed evidence plaintiff did not disapprove this contingency, and defendants termination of the escrow was unjustified improper.
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