Callahan & Blaine

Daniel J. Callahan of Callahan & Blaine, recently represented Win Time, Ltd. against NCRS, Inc. of Anaheim, California in an extraordinary California real estate fraud case.

The basis of the case is that NCRS, Inc. owned a Super 8 Motel which it sold to Callahan & Blaine’s client, Lake Forest, California-based Win Time. During the sale, NCRS’ President, Satish Patel, falsified sales documents and promissory notes concerning existing motel obligations. He did this by deleting key paragraphs of certain contracts and telling Win Time that the altered contracts were accurate.

Patel also overstated the income of the motel and falsified financial statements, tax returns, and checks. Patel overstated the income of the motel by some 400%.

In arbitration, Win Time, Ltd. won a $1.4 million award against NCRS, Inc. The decision by Arbitrator Charles W. Froehlich, Jr., a former Justice of the Court of Appeals, found that NCRS, Inc., and its President, Satish Patel, deliberately falsified documents and misrepresented material facts concerning its sale of a Super 8 Motel to Win Time.

The Arbitrator found that the value of the motel was $850,000 less than Patel had promised. The Arbitrator also decided that NCRS and Patel were obligated to pay an additional $465,000 in consequential damages, plus $90,000 in attorneys’ fees. The Arbitrator also ordered NCRS to return $200,000 to Win Time, which had been held in an escrow account originally for the benefit of NCRS.

For 25 years, Callahan & Blaine has been perfecting the ultimate litigation law firm. All Callahan & Blaine attorneys are highly sophisticated litigators and trial attorneys; we only utilize highly experienced attorneys, all of whom have at least seven years of experience and many have 15-25 years’ experience.

Despite our focus on litigation, we are also adept negotiators and frequently win record-setting verdicts for our clients in arbitration or settlement negotiations. For the attorneys of Callahan & Blaine, winning is our specialty.

If you are involved in a business legal matter, contact Callahan & Blaine to discuss your case today.