Roesler v. Nella Terra Cellars CA1/3
Veena Roesler, individually and doing business as Palmdale Estates Inc. (collectively, plaintiffs), filed a complaint against defendants Nella Terra Cellars, Inc. (Nella Terra) and Gerald and Paulette Beemiller arising out of their business relationship. They alleged defendants reneged on their promise to execute a long-term contract leasing plaintiffs their vineyard to operate an event venue. The trial court ultimately determined plaintiffs invested in that venture and awarded them two years of anticipated lost profits and depreciable assets as a matter of equity. Defendants appeal, arguing the statement of decision omits the specific equitable basis for awarding damages and fails to explain whether the award is limited to plaintiffs’ anticipated lost profits for events that comply with Department of Alcoholic Beverage Control (ABC) regulations. We affirm in part, reverse in part, and remand for the trial court to issue a new statement of decision and enter a new judgment.
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