Best 4U, Inc. v. Super. Ct. CA4/3
Plaintiffs Shafar Toranji and his wife Firoozeh Arghavani (collectively plaintiffs) sued defendants Chris Sungduk Lim, Justin Jinhyong Bae, and Best 4U, Inc. (collectively defendants). Plaintiffs alleged their real estate broker failed to timely communicate a third party’s competing and ultimately successful offer to purchase a home in Newport Coast (the property) which plaintiffs were interested in buying. Following a bench trial, the trial court entered judgment awarding damages against defendants for that omission. The damages award was based on the difference between the amount the court found was the property’s fair market value and what plaintiffs would have paid for the property.
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