News & Noteworthy
Craig Gottilla (Associate, New Brunswick) obtained a successful verdict for the buyer in a breach of a residential real estate contract action.
The seller sued the buyer in the Superior Court of New Jersey for breach of contract when the buyer withdrew from the transaction. Following a two day bench trial, the court dismissed the seller's claims and entered judgment in favor of the buyer for the return of their deposit plus costs and attorneys fees.
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Authored - NJ Contract Law Update - Apparent Authority Must Be Shown Unambiguously
Deal Announcement - John Bitar and Gary Walsh Represent Prominent Bank in Purchase of $100 Million NJTA Revenue Bond
Authored - NJ Contract Law Update - Instructive Opinion on (1) Performance "Under Protest" and (2) Prejudgment Interest