Replies to post #30774 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Shizoku]

Yup, ... you just have to know where to look : )

[Shizoku]

FMI, Here is the damages PBLS is seeking.....Not sure if it is all of it yet...just blasting through it but here it is:

Attorney fees rendered.....: $8,256
Attorney fees by another firm: $325
another attorney fees $2500
loss of profits from sales of sand gravel $12,300
loss of profit from overburden $1,180,800
loss of profit from trucking $295,200
future attorney fees $11,000

I believe Ren posted that we lost an overburden contract because of the landlord.... So thats what the overburden is about and loss of sand and gravel profit is for a small time frame I believe.....

[Renavatio]

6/2003 - Phoenix requested a trial by jury for hopeful settlement in the amount of $4,470,000 for damages from EH Mitchell.

However, recently Shelby discovered a countersuit though no details are available on that suit yet. Will let you know what I know as soon as I know it.

Shiz, please PM some details on the land deal. Real Estate being near and dear to my heart, I would love to run a market analysis for that area and see what comps are. I also wonder if they did it to qualify for "Go-zone" tax breaks.

Ren