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Back to the track: judge rules Gate 1 belongs to Santa Anita Park, despite deed.


An 18-year error in a real estate legal description is still riding roughshod over 2.4 acres of land.

Ruling that Westfield America Trust did not acquire Santa Anita Santa Anita may refer to:
  • Santa Anita Park in California, USA
  • Santa Anita, Mexico holy site in San Cristobal de las Casas, Chiapas, Mexico
 Park's Gate 1 in good faith, a judge has ordered the 2.4-acre property returned to the track's owner.

L.A. Superior Court Judge Gregory W. Alarcon ruled that the parcel, which borders Westfield Shoppingtown Santa Anita, was mistakenly omitted from the racetrack property and deeded to the shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  when both properties were sold in 1998 by the predecessor to La Quinta Properties Inc. Westfield "knew of or suspected" the error at the time, the judge said in the ruling.

Though the gate had long ceased to be a primary entrance to the 70-year-old racetrack, Santa Anita owner Magna Entertainment Corp. had used the narrow parcel for parking and various festivals. With space for about 650 cars, it was also used for overflow parking for the shopping center, whose management had asked the racetrack for permission to use it during every holiday season until the error was discovered in 1999.

The parcel, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the ruling, is valued at $3.5 million.

It was not known whether Westfield would appeal. "The company declines comment on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 and is reviewing its options," said Westfield spokeswoman Katie Dickey. Ronald Reynolds, partner at Kaye Scholer Kaye Scholer is a law firm founded in 1917 by Benjamin Kaye and Jacob Scholer. The firm has more than 500 attorneys in eight offices located in the cities of Chicago, Frankfurt, London, Los Angeles, New York (headquarters), Shanghai, Washington, D.C., and West Palm Beach.  LLP LLP - Lower Layer Protocol , who represented Westfield, did not return calls.

The error arose from a faulty legal description of the mall site by First American First American may refer to:
  • First American (comics), A superhero from America's Best Comics
  • First American, a division of the now-defunction Bank of Credit and Commerce International.
 Title Co. in 1986, according to the decision. But it was not an issue until 12 years later because the racetrack, opened in 1934, and the mall, built in 1972, had been owned by the same entity.

In December 1998, La Quinta's predecessor, Meditrust Corp., sold the racetrack for $112 million to Aurora, Ontario-based Magna, owner and operator of 13 racetracks in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Westfield, whose local holdings include Westfield Shoppingtown Century City and Westfield Shoppingtown Fashion Square in Sherman Oaks, had operated what had been known as Santa Anita Fashion Park since assuming its lease in October 1998 and bought the property outright subsequent to the Magna deal for $40 million.

Officials of Magna, La Quinta and First American Title did not return calls.

Magna had continued to pay property taxes and maintenance for the parcel, only to discover the error in June 1999 when it attempted to refinance the property. Its prospective lender, Wells Fargo, notified Magna that the Gate 1 parcel was not part of the racetrack property.

Magna sued for the return in May 2002 when no agreement could be reached, said John Sturgeon sturgeon, primitive fish of the northern regions of Europe, Asia, and North America. Unlike evolutionarily advanced fishes, it has a fine-grained hide, with very reduced scalation, a mostly cartilaginous skeleton, upturned tail fins, and a mouth set well back on the , partner at White & Case LLP, who represented Magna. By then, Westfield had begun a $98 million plan to redevelop and add theaters to the mall.

Gate 1, off West Huntington Drive near Baldwin Avenue, had been the primary entrance to the 320-acre racetrack site in its nascent years. Since the section of the Foothill (210) Freeway in Arcadia was completed in the 1970s, however, most of commuters use entrances off Baldwin Avenue and Colorado Place in favor of Gate 1.

Still, the dispute was enough for Westfield to put what Sturgeon termed a "spite fence" around the parcel once it believed the property was part of the mall. Sturgeon has requested the fence be taken down this week. "Otherwise, we ought to get a Humvee and go right through it," he said.
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Title Annotation:Up Front; ruling against Westfield America Trust
Comment:Back to the track: judge rules Gate 1 belongs to Santa Anita Park, despite deed.(Up Front)(ruling against Westfield America Trust)
Author:King, Danny
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Mar 15, 2004
Words:566
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