Judge Hands Down One Ruling in Nicolas Cage Suit Over Venice House

The underlying suit brought on behalf of filmmaker Bradley Lindsley by his family trust alleges Cage sold him a $3 million home in the Venice area of Los Angeles without disclosing that it had water drainage problems. Lindsely also goes by the name

Read more: Judge Hands Down One Ruling in Nicolas Cage Suit Over Venice House

1 Comment

  1. FamilyTrust on August 11, 2013 at 3:58 am

    Family Trust issues involving the purchase of real estate can impose fiduciary duties on trustees to commence litigation, even when such litigation may not otherwise be in their best interest. Holding real estate in a family trust also exposes non-real estate trust assets to liabilities for the real estate in the trust. This includes real estate that must later be sold to 3rd parties with known problems.