Madrona Appeal Rehearing Denied

Yesterday, judges from the fourth district of the California Appeals Court issued a ruling denying the petition of a rehearing before the court of the decision rendered in mid-October substantially upholding the superior court verdict in the Madrona case.

This matter involved a proposed 162-unit development in Carbon Canyon between Sleepy Hollow and Olinda Village in Brea and the trial court ruled for Hills for Everyone and fellow plaintiffs who alleged that the City of Brea failed to follow its own ordinances in approving the project.

Old Standard Life Insurance Company, a bankrupt Idaho company in state receivership, appealed, through its OSLIC Holdings, LLC variant, and then lost in the decision rendered about three weeks ago.  Yesterday's action ends the matter at the appellate court level and OSLIC and the State of Idaho now have to determine whether to take the issue to the California Supreme Court.

So, stay tuned for whether this matter moves to the state's high court.