Ignite International v. 10979 Chalon CA2/1

BACKGROUND

10979 Chalon, LLC (Chalon) owned a residence located at 10979 Chalon Road (the Property). Don Bolin is the sole member of 10979 Chalon LLC. In 2018, Vulcan Enterprises (Ignite

2 International Ltd.’s predecessor) rented the Property. The landlord-tenant relationship soured. Ultimately, Ignite International and Chalon settled their disputes arising from this relationship by entering a settlement agreement. Ignite International Ltd. is a wholly owned subsidiary of Ignite International Brands (collectively referred to as Ignite). The trial court described the Property as “unique” and elaborated: “The residence is approximately 30,000 square feet. It has a garage that can hold over 20 cars. It has a driveway that can park 60 cars. It has five bars, a bowling alley, pool, pickle ball court, gym and other amenities. It has multiple floors with an elevator, and the first floor is set up for office space. The property provides virtually no privacy. Obviously, only a finite number of individuals or entities could afford to purchase the property. Even those that could afford to purchase the property, only a fraction would be interested in purchasing” it.

1. The settlement…