• Gael Fierro, the business tycoon turned Amazon Prime movie writer, is entering a new arena: litigation.
• The case is focused on the recent sale of his plush LA residence which Fierro alleges wasn’t exactly what you’d call “above board”.
• Fierro accuses his real estate agents of conspiring with the buyer, conspiring with the housing inspectors, and pretty much conspiring with anyone who could draw breath.
• Specifically alleged are the dirty tricks of underpricing, colluding to hide defects, and providing false inspection reports. That’s a blockbuster plot right there.
• Fierro’s legal eagles are demanding restitution to the tune of $3.3 million. Talk about aiming high!
• The accused parties, naturally, deny any wrongdoing. A classic ‘he said, she said’ scenario with a multi-million-dollar twist.
• Finally, Fierro’s case adds to the growing list of litigations involving opulent LA real estate. Looks like Tinseltown has a new popular genre: courtroom dramas.
A Tinseltown Tale of Tricky Transactions
LA Real Estate Gets a “Prime” Shake-Up
From Box Office to Courtroom: Gael Fierro’s New Script
Gael Fierro, a man of many parts – business tycoon, Amazon Prime screenwriter, and now our protagonist in what looks like the next hit real-life legal drama. Draw up a chair, folks! Fierro is suing the people responsible for the sale of his glitzy LA house, and he’s playing for keeps. Allegations of a rigged set have been thrown around; talk about a plot twist. Complete with accusations of underhanded shenanigans, this script is chock full of heated confrontations and suspense. And, just when you thought you had it all figured out, we have a list of defendants pleading innocence. Loose ends, anyone?
Even as we await the final act of this riveting courtroom drama, Fierro’s $3.3 million bid for restitution underlines the high stakes in LA’s sizzling real estate market. Who knew walking the property aisle could give Hollywood’s red carpet a run for its drama? So, to all aspiring homeowners out there, beware! The quest for your dream house might just be a blockbuster in the making. Lights, camera, litigation? Stay tuned to find out!
Our witty “hot take”? As we see yet another case in LA’s high-stakes real estate game, it’s clearer than ever that whether you’re writing movies for Amazon or selling scrumptious cannelés, there’s no business like real estate battles in Tinseltown. Even if you’re not buying, grab the popcorn and enjoy the show, as real estate transforms from a purchase agreement to a script for the next courtroom epic. Who needs Hollywood when you’ve got LA’s real estate drama?
Original article: https://www.inman.com/2024/01/22/meet-the-french-baker-behind-californias-big-commission-suit/