Settlement in Long-Standing Real Estate Litigation Matter Prior to Jury Trial
Secured a significant settlement in a real estate dispute in which the client filed suit against a developer for breach of partnership agreement, breach of fiduciary duty, and fraud; against the recipients of the proceeds for fraudulent transfer and aiding and abetting; and against the closing agent for negligence and aiding and abetting. Following significant procedural wins for the client, the defendants made a settlement offer which was 25 percent higher than the client’s original settlement demand at the outset of the litigation.