Mar 10 2014

Courtroom Success 2014-10: Boston Partners Scott Burke and Tory Weigand and Hartford Associate Mike Keller

Boston Partners Scott Burke and Tory Weigand and Hartford Associate Mike Keller had a successful result in the Appeals Court prosecuting a successful claim under c. 231, section 6F.  The firm represented a lawyer who was sued for releasing funds from escrow that he had been holding as part of a real estate development in which he represented the Seller. The lawyer released the funds because the Purchase and Sale Agreement made the funds non-refundable once certain deadlines had passed, and the president of the developer testified at his deposition that he viewed that the funds belonged to the Seller once those deadlines passed, but he would be credited to the purchase price if/when he closed. The plaintiff relied heavily on the fact that the first escrow agent, who was replaced by our client, would not release the funds. 

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