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: Legal Pad | LA

Court finds Marsch's testimony unreliable in Lennar case

By Richard Binder

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The Superior Court of the State of California in San Diego issued a tentative decision on Friday in a highly publicized legal dispute between partners over alleged losses at the Bridges at Rancho Santa Fe. The court says testimony from California businessman Nicolas Marsch "did not withstand close scrutiny and cross examination."

Marsch had partnered with Lennar Corp. in Southern California over a series of luxury home developments. Marsch and Lennar split in a bitter dispute over alleged losses at the Bridges at Rancho Santa Fe and over allegations that Marsch tried to "interfere" with another Lennar partner. "Ultimately, Mr. Marsch was thoroughly impeached with his own testimony, documents and testimony of other witnesses," according to the decision.

The tentative decision, barring any further issues, will become final within 10 days.

Full story here.

Full post as published by Legal Pad | LA on July 20, 2010 (boomark / email).

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