Property I.D. Triumphs Over Lawsuit.Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--April 16, 2003 Sergio J. Siderman, General Counsel for Property I.D., issued the following statement Wednesday: Property I.D., the country's leading real estate hazard disclosure firm, today announced that a lawsuit, laden with false allegations, was dismissed with prejudice. Judge Ronald L. Bauer of Orange County Superior Court approved the dismissal settlement on March 24, 2003. The plaintiff and the plaintiff's attorneys plaintiff's attorney n. the attorney who represents a plaintiff (the suing party) in a lawsuit. In lawyer parlance a "plaintiff's attorney" refers to a lawyer who regularly represents persons who are suing for damages, while a lawyer who is regularly chosen by an requested the dismissal after it became clear during the deposition Deposition Christ is taken from the cross and enshrouded. [N.T.: Matthew 27:57–60; Christian Art: Appleton, 55] See : Passion of Christ that a family friend and attorney, who induced the plaintiff into filing an ill-conceived claim, worked for one of Property I.D.'s competitors. Many of the country's leading brokerages joined Property I.D. at the onset of the 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. , publicly denouncing the "lawsuit" as a thinly veiled attempt to discredit TO DISCREDIT, practice, evidence. To deprive one of credit or confidence. 2. In general, a party may discredit a witness called by the opposite party, who testifies against him, by proving that his character is such as not to entitle him to credit or Property I.D.'s services when thousands of photocopies of the lawsuit's complaint showed up in California real estate agent offices in anonymous envelopes. Justice has prevailed. The court's decision to dismiss the baseless case is what we expected all along. That the lawsuit has been dismissed so soon after its filing is demonstrative of Adj. 1. demonstrative of - serving to prove or demonstrate; "the oath of office is...demonstrative of the legislative opinion on this subject"- John Marshall how frivolous Of minimal importance; legally worthless. A frivolous suit is one without any legal merit. In some cases, such an action might be brought in bad faith for the purpose of harrassing the defendant. the claim was. 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 plaintiff, a family friend encouraged suing but never disclosed their affiliation with another company that prepared natural hazard reports. The plaintiff also admitted to never having read the Property I.D. report to see what was in it, or how it compared with any other report. In addition, the plaintiff admitted that if she could get a report that made more disclosures than other cheaper reports, it would protect her from the possibility of future claims. The plaintiff also acknowledged the Property I.D. report, because of its thoroughness, was worth more than any other natural hazard disclosure report. About Property I.D. Property I.D. is the country's leading provider of the most accurate and comprehensive real property disclosure reports for residential and commercial real estate professionals, attorneys, government agencies, lenders, sellers and buyers. It has the largest and most accurate national real estate hazard information mapping A method for communicating information in a structured manner. Developed by Robert E. Horn while at Harvard and Columbia Universities, it provides a standard approach for analyzing, organizing and visually presenting information based on the needs of the target audience. technology and database, employs a staff of geographic experts to interpret maps, and insures all parties to $20,000,000 on every determination. Property I.D. allows agents and sellers to satisfy all of their hazard disclosure requirements, and avoid the threat of lawsuits, in one simple step. The company also provides free legal and geographic consulting to its clients and does not charge for its reports if the deal doesn't close. Property I.D. is the largest hazard disclosure company in the country, covering over 30 states, and is the preferred natural hazard report provider to most of the larger real estate companies in the industry. For more information, call Property I.D. at 800/626-0106 or visit www.propertyid.com. |
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