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Summary Judgment Granted for Law Firm In Suit Arising from Commercial Real Estate Deal

June 22, 2009

Joe Kingma represented a law firm that had closed the sale of a 342-acre tract in north Georgia. The purchaser, who had planned to create a large residential development, learned that an industrial waste landfill had been concealed on the property and sued the seller. The seller third-partied in Joe’s client claiming that an escrow agreement and closing instructions had been violated. The purchaser’s and the seller’s cross-summary judgment motions were denied, but the law firm’s motion, including a claim for indemnification from the seller, was granted. The seller has appealed so stay tuned.

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