Slash, Wife Can Go Forward With $1 Million Civil Suit

SLASH, WIFE CAN GO FORWARD WITH $1 MILLION CIVIL SUIT:

June 19, 2008

Velvet Revolver guitarist Slash and his wife, Perla, can move forward with a $1 million civil suit they filed against a real estate agent and his firm, alleging they were duped into buying a house that did not have the amenities they expected, a judge ruled today.

The suit, filed last November in Los Angeles County Superior Court and amended in mid-March, names Gregory Holcomb and Sotheby’s International Realty as defendants.

Judge Mel Red Recana denied defense motions to dismiss the portions of the suit alleging fraud, constructive fraud, negative fraud and breach of fiduciary duty, and to strike the claim for punitive damages.

He scheduled a Feb. 17 trial date and urged both sides to consider resolving the case with the help of a mediator.

The couple allege they thought they had found their dream house in December 2005 and believed it was on a private, gated street in the Hollywood Hills. Although the street is gated, it is public and has very little parking, according to their court papers.

The rocker and his wife also say the home was much smaller than 7,800 square feet, as listed, and that there were other issues with the title to the property.

“It’s hard to imagine conduct that is worse than a real estate agent intentionally misleading and/or withholding critical information from a purchaser so that a sale would close and a commission would be paid,” their court papers state.

But the defense court papers maintain that Holcomb and Sotheby’s had no way of knowing that the Multiple Listing Service description of the home was incorrect and that it was not actually on a private street.

Slash, whose real name is Saul Hudson, became famous as the lead guitarist for Guns N’ Roses.

Courtesy of www.dailynews.com