Quimbee logo
DMCA.com Protection Status
From our private database of 18,800+ case briefs...

Fait v. New Faze Development, Inc.

California Court of Appeal
143 Cal. Rptr. 3d 382 (2012)


Facts

New Faze Development, Inc. (New Faze) (defendant) borrowed money to buy property, on which stood a building that was in good condition and leased to two tenants. Donna Fait (plaintiff) held New Faze's note and the deed of trust securing repayment of the loan. New Faze demolished the building to make way for construction of a planned mixed-use development. New Faze subsequently defaulted on the loan. Fait foreclosed on the property and sued New Faze for diminishing the property's value by intentionally demolishing the building. The trial court granted summary judgment for New Faze, on the grounds that New Faze acted neither recklessly nor with an intent to despoil the property, but in the good faith belief that it could develop the property and increase its value. Fait appealed to the California Court of Appeal.

Rule of Law

Issue

Holding and Reasoning (Robie, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 498,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 498,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 18,800 briefs, keyed to 985 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers


Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial