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POSEIDON DEVELOPMENT v. WOODLAND LANE ESTATES

Nos. C052573, C053481.

62 Cal.Rptr.3d 59 (2007)

152 Cal.App.4th 1106

POSEIDON DEVELOPMENT, INC., Plaintiff and Appellant, v. WOODLAND LANE ESTATES, LLC, Defendant and Respondent.

Court of Appeal of California, Third District.

June 28, 2007.

Attorney(s) appearing for the Case

Ishikawa Law Office, Brendon Ishikawa, Davis; Hoseit & Koelewyn and H.L. Koelewyn for Plaintiff and Appellant.

Kilpatrick Law Offices, Terence Kilpatrick, Sacramento; and Robert Craig Iseley for Defendant and Respondent.

HULL, J.

Plaintiff, Poseidon Development, Inc. (Poseidon), brought this action against defendant, Woodland Lane Estates, LLC (Woodland), for breach of a promissory note following Woodland's late tender of a final, balloon payment on the note. Poseidon seeks to recover a late charge of 10 percent of the final payment and expenses associated with initiating nonjudicial foreclosure proceedings. The trial court sustained...

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