Groner Enterprises, Inc. v. American Realty Trust, Inc.
American Realty Trust, Inc. (ART) owned 409 acres of undeveloped land in Palm Desert that it sought to develop as a golf resort or, alternatively, sell as raw land. Ultimately, ART sold part of the undeveloped property (171 acres) to the City of Palm Desert and part (238 acres) to a company owned by Michael Marix. Groner Enterprises, Inc. (Groner)[1]sued for breach of a written finders fee contract. After a jury found in favor of Groner, the judge granted a judgment notwithstanding the verdict (JNOV). Groner appeals and ART has filed a cross-appeal concerning the original judgment.
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