PNG Investments v. RG Real Estate Investments CA2/
Plaintiff and cross-defendant PNG Investments, Inc. (PNG) sued defendants and cross-complainants RG Real Estate Investments (RG) and Surya Gupta (collectively, Defendants) for fraud, breach of contract, wrongful foreclosure, and declaratory relief in connection with a real estate loan transaction. After a bench trial, the court found in favor of PNG on its claims and against Defendants on their cross-claims. The judgment awarded PNG declaratory relief, $25,000 in damages on the fraud claim, and contractual attorney fees. Defendants appeal from the judgment. We reverse on the fraud claim, and affirm in all other respects.
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