Federal Judge Enters Judgment in Favor of Developer of Coachillin Business Park; Rejects Parcel Owner's Baseless Claims
- Federal Judge Enters Judgment in Favor of Developer of Coachillin Business Park; Rejects Parcel Owner's Baseless Claims
In a complete reversal from their initial allegations, the parcel owner agreed that the assessments, late charges, interest, and collection costs were all levied properly and consistent with the development's CC&Rs and that the assessments were all fair and reasonable.
- In addition to the Federal court judgment, three other parcel owners entered into a settlement with the Coachillin parties.
- Although confidential, the settlement will allow the business park to get back on its feet and move forward.
- According to Kenneth Dickerson, managing member of the developer, "This judgment by a Federal judge is a recognition that the parcel owner's claims had zero merit.