News & Events

TKD Represents Sean-Sakie Holdings in Preserving a $21 Million Real Estate Purchase and Sale Contract

January 25, 2018

We secured an amazing win when Sean-Sakie Holdings Ltd. succeeded in preserving a $21 million real estate purchase and sale contract regarding a commercial property in Manhattan, the validity of which had been challenged by the purchaser to that contract. The purchaser had claimed that the seller had failed to close on the transaction, was not ready, willing or able to close and refused to return purchaser's deposit as allegedly required due to these purported failures. We moved to dismiss the complaint and their motion was granted on the grounds that the plaintiff could not establish the closing date was "time of the essence." Anthony Dougherty and Edward Farrell handled the matter.

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Dougherty, Anthony D. Partner, Head of Corporate Investigations Practice Partner, Head of Corporate Investigations Practice 212.216.8099 VCard
Farrell, Edward Partner Partner 212.216.8090 VCard

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