Home Front

A blog about the economy and the Sacramento-area real estate market.

June 5, 2008
Judge nixes insurer's TRO against Sidney B. Dunmore
I am just back from federal court downtown, one of the newer arenas to do business pertaining to the Sacramento-area housing market.

There
karlton2.jpg, U.S. District Judge Lawrence Karlton turned down a request by Travelers Casualty and Surety Co. of America to stop local homebuilder Sidney B. Dunmore from selling several million dollars of his assets. The company, which has writs of attachments on Dunmore's $11 million home in Granite Bay and a $4 million house in Palm Desert, wanted a temporary restraining order blocking any sales.
 
 Travelers issued performance bonds guaranteeing completion of subdivisions started  by Dunmore Homes of Granite Bay before it was sold and declared bankruptcy late last year. Now Travelers faces millions of dollars in claims from Dunmore's unpaid subcontractors.

Judge Karlton made the decision just before 5 p.m. this evening following a brief hearing in his chambers. That hearing was closed to the public after the courtroom sound system malfunctioned and couldn't handle one of the legal parties appearing via telephone.

 Dunmore Homes attorney Debra Grassgreen from the San Francisco office of  Pachulski Stang Ziehl Jones confirmed the judge's decision. Attorneys for Travelers declined comment.

Dunmore has said in previous interviews with The Bee that he intends to settle his obligations with Travelers. The builder was the first to see his business fail
during a housing downturn soon to be entering its fourth year in the capital region.

  Image of Judge Karlton courtesy of law.com

About Comments

Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "report abuse" button below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Flagrant or repeat violators will be banned. See more about comments here.

What You Should Know About Comments on Sacbee.com

Sacbee.com is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. (See our full terms of service here.)

Here are some rules of the road:

• Keep your comments civil. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the "report abuse" button to notify the moderators. Responding to the comment will only encourage bad behavior.

• Don't use profanities, vulgarities or hate speech. This is a general interest news site. Sometimes, there are children present. Don't say anything in a way you wouldn't want your own child to hear.

• Do not attack other users; focus your comments on issues, not individuals.

• Stay on topic. Only post comments relevant to the article at hand. If you want to discuss an issue with a specific user, click on his profile name and send him a direct message.

• Do not copy and paste outside material into the comment box.

• Don't repeat the same comment over and over. We heard you the first time.

• Do not use the commenting system for advertising. That's spam and it isn't allowed.

• Don't use all capital letters. That's akin to yelling and not appreciated by the audience.

You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the "report abuse" button to submit those comments for moderator review. You also may notify us via email at feedback@sacbee.com. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. Remember, comment moderation is subjective. You may find some material objectionable that we won't and vice versa.

If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them, but you may ask our staff to retract one of your comments by sending an email to feedback@sacbee.com. Again, make sure you note the headline on which the comment is made and tell us your profile name.

hide comments

On October 14, The Sacramento Bee will temporarily remove commenting from sacbee.com. While we design the upgrade, we encourage you to tell us what you like and don't like about commenting on sacbee.com and other websites. We've heard from hundreds of you already and we're listening. Please continue to add your thoughts and questions here. We also encourage you to write Letters to the Editor on this and other topics.



Jim Wasserman on Twitter

Follow "jimwasserman" on Twitter

October 2013

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31