United Bank of Lakewood National Association v. One Center Joint Venture

In this action for recovery on two promissory notes, plaintiff, United Bank of Lakewood, appeals from a judgment entered upon a jury verdict awarding zero damages. As grounds for its appeal, the bank contends that the trial court erred by: (1) denying its motion for a directed verdict on its first claim for relief; (2) allowing the jury to determine whether the bank intentionally underbid at the foreclosure sale; (3) improperly instructing the jury on the law; and (4) excluding certain expert testimony offered by the bank. Defendants, One Center Joint Venture and its general partners, Gordon G. Montgomery, Robert A. Balian, B. L. Investment Company, and Beroj O. Keulian, cross-appeal also arguing that the trial court improperly instructed the jury on the law. Defendants further contend that the trial court erred by granting a directed verdict for the bank on its second claim for relief. We affirm.