GFI Acquisition, LLC v. American Federated Title Corp., 2010 Bankr. LEXIS 1217
An action was brought by the plaintiff alleging that the defendants breached an agreement of purchase and sale by failing to disclose provisions in the agreement which would operate to lock the plaintiffs out of subsequent negotiations to refinance loans on the properties to be assumed on the date of closing.
USA, New York, Insolvency & Restructuring, Litigation, Gowling WLG, Breach of contract, Interest, Discovery, Negligence, Refinancing, United States bankruptcy court