Editor’s note: This is the second in a two-part series.
Hildegard Merrill, of Candles Delight, LLC - one of the principals in the Los Alamos Plaza development – has been the defendant in two lawsuits that shed some light on her career in real estate. The former broker turned developer and her partner are currently trying to beat the clock on a court-mandated deadline to repay more than $1.2 million or lose the prime property on Trinity Drive to foreclosure.
Key allegations in the earlier lawsuits involve fraud and breach of fiduciary duty. Although Merrill contends she did nothing wrong, both judgments were decided in favor of the plaintiffs and upheld in appeals.
John Warren was awarded a disputed condominium and over $65,000 in damages after suing Merrill for fraud, breach of fiduciary duty and ejectment. Merrill received over $50,000 credit against the damage awards for reimbursements for storage, mortgage, taxes, homeowners’ association dues and other payments she made related to the condominium.