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Salyer v. 396 Investment Co.

5/17/2005

easors settle with plaintiff. Partial settlements do not fix damages." (Id. at p. 1176.)


As detailed above, certain of the individual judgments are being remanded for offsets. This underscores the fact that the damage amounts, with respect to the individual properties, were not fixed before judgment, and indeed some of them will not be determined before remand. "Since the amount of damage here depended upon the results of the contested trial, [appeal, and ultimately remand,] the lower court abused its discretion in awarding prejudgment interest." (Sagadin v. Ripper, supra, 175 Cal.App.3d at p. 1176.) The award of prejudgment interest to 396 is reversed.


(2) Other Awards


Second, Anaheim contends, with respect to all of the other judgments, that the court incorrectly applied a prejudgment interest rate of seven percent. In support of this contention, Anaheim cites a December 11, 2002 minute order in which the court stated: " is entitled to pre-judgment interest at the rate of seven percent (7%)." This order pertains only to 396's judgment. It does not apply to the judgments in favor of the other parties. As to all other parties, Anaheim has failed to show that the court awarded prejudgment interest at the rate of seven percent, and Anaheim's argument is deemed waived. (Del Real v. City of Riverside, supra, 95 Cal.App.4th at pp. 766, 768.)


III. DISPOSITION


The Salyer judgment is affirmed except as to the amount thereof. The judgment is remanded and the court is directed to determine, in a manner consistent with this opinion, the proper amount of the offset, taking into consideration the total amount 396 paid to the Salyers in the form of settlement payments, the amount 396 paid for the assignment of the promissory note and reconveyance of the deed of trust, and the amount of any debt forgiveness. The court shall modify the judgment to reflect the appropriate offset as so determined. The attorney fees award in favor of the Salyers is affirmed.


In the interests of justice, Anaheim and the Salyers shall each bear their own costs on appeal.


WE CONCUR: SILLS, P.J. O'LEARY, J.


INDEX


(Introduction) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3


I. FACTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4


A. OVERVIEW OF LITIGATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4


(1) Phase I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . 4


(2) Phase II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7


II. DISCUSSION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7


A. INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7


B. CAUSATION [liability affirmed] . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8


(1) In General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8


(2) Motion for Non-suit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11


(3) Allocation of Damages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11


(4) Jury Instructions . . . . . . . . . . . . .

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