VENICE BEACH, Calif., Oct. 25, 2016 /PRNewswire/ -- The Miller Law Firm has recovered $1,765,000 for Dogtown Station Inc., a community association that suffered from numerous construction defects. This recovery in excess of $50,000 per condo unit was reached in a record 9 months from the date of filing the complaint against the Builder.
This 35-unit live/work loft project located in Venice Beach was built in 2008-2009 by RAD Ventures and marketed heavily to the entertainment industry for artists, producers and actors to house production companies, just as the recession was kicking into high gear.
According to Thomas E. Miller, CEO of The Miller Law Firm, "Whether a building is 20 or 200 units, construction defects can and do arise, even in the face of buildings advertised as 'Luxury,' with the cache of celebrities who purchase into the community."
By 2015, numerous building deficiencies were found, including water intrusion, stucco staining and cracks, deck leaks, podium deck cracking and leaks, flooding of units, and roof ponding and failures.
The Miller Law Firm filed suit for these building defects in June of 2015 in Los Angeles Superior Court on behalf of the Association and a settlement was reached in only 9 months through mediation efforts facilitated by Ross R. Hart, Esq. of Arbitration Mediation Conciliation Center (AMCC). The case was dismissed on September 16, 2016.
"A further challenge in this case was the pursuit of the construction defects claims in the face of the Developer's 'burning limits policy.' Often times, developers only obtain a limited Wrap Policy, which removes the opportunity to obtain additional funds from other builder parties. These policies are exhausted by defense fees and costs so we had to secure early mediation and a quick resolution of the claim to protect the limited insurance," states Miller, a 43-year legal veteran of the construction defect industry.
According to Rachel M. Miller, Senior Partner of The Miller Law Firm, "We took an efficient approach by focusing the expert investigation and getting the claim into early mediation. In turn, the limited insurance policy was preserved. With the average recovery by Associations with construction defects of $25,000 per unit, this Association garnered a huge benefit by pursuing a case timely with the right legal, expert and mediation team, rendering more than a $50,000 per unit recovery."
Thomas E. Miller, Rachel M. Miller & Matthew T. Miller of The Miller Law Firm (www.ConstructionDefects.com) are the co-authors of, "Home and Condo Defects: A Consumer Guide to Faulty Construction," (Seven Locks Press, 2012), available online at www.amazon.com. Celebrating 40 years, The Miller Law Firm was awarded the National Litigator Award by the Trial Lawyers Board of Regents for the second consecutive year. This award honors only the top 1% of attorneys in the nation and based strictly on tangible verdict & settlement dollar achievement.
Media Contact: Rachel Miller
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-miller-law-firm-recovers-over-50000-per-unit-for-boutique-luxury-venice-beach-condominium-association-in-only-9-months-300350780.html
SOURCE The Miller Law Firm