FARINA v. SAVWCL III, LLC

No. B294516.

50 Cal.App.5th 286 (2020)

JOHN FARINA et al., Plaintiffs and Appellants, v. SAVWCL III, LLC, et al., Defendants and Respondents.

Court of Appeals of California, Second District, Division Eight.

June 10, 2020.


Attorney(s) appearing for the Case

Brown White & Osborn, Caleb E. Mason and Kenneth P. White for Plaintiffs and Appellants.

Marquis Aurbach Coffing, Chad F. Clement ; Lewis Brisbois Bisgaard & Smith, Joseph C. Campo , Jeffry A. Miller and Ernest Slome for Defendants and Respondents.


OPINION

A funnel hovered over the American West. Into the large end went investor dollars and investor dreams. Out the little end streamed dollars into Las Vegas, where a Nevada intermediary made loans to Nevada land developers who had high hopes for big projects. The funnel channeled over $40 million in 2006 and 2007...

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