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Successful defense of property owner in contract dispute

Litigation, Real Estate, Banking & Financial Institutions

Hinckley Allen served as counsel to a commercial property owner that terminated negotiations with a prospective bank seeking to lease the property.  When the bank sued the client claiming there was an enforceable contact, David and his partner Bob Flanders moved for early dismissal of the case.  The Superior Court agreed, ruling that the client was entitled to judgment on the pleadings because there was no binding contact and, in any event, the statue of frauds barred enforcement of the purported agreement.