Wallace Campbell

A Professional Limited Liability Company

 
Redmond Ridge Investment Company, et al. adv. Jed’s Concrete, Inc.

Mr. Campbell defended owner/developer Redmond Ridge Investment Company against lien foreclosure and breach of contract claims brought by a concrete subcontractor that had worked on high-end residential construction in Redmond’s Mondavio development. Because the plaintiff subcontractor had not paid its own suppliers and those suppliers had filed their own liens, Mr. Campbell negotiated settlements with the suppliers and took assignments of their claims, including personal guarantees from the subcontractor’s individual owner. Mr. Campbell then obtained summary judgment against the subcontractor’s owner on the assigned personal guarantees worth more than half of the subcontractor’s entire claim. Thereafter, in mandatory pre-trial mediation, Mr. Campbell negotiated settlement of all claims for only 5% of the subcontractor’s original claim amount. Mr. Campbell’s client thus ended up receiving approximately 10 times more on its counterclaims than the plaintiff received on its original claims.

 
Wallace Campbell, PLLC  |  1700 Seventh Avenue  |  Suite 2100  |  Seattle, Washington 98101   Phone: 206-357-8424  |  Fax: 206-357-8425
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