Legal Question in Civil Litigation in Florida

sale of partnership interest

I sold my interest in a partnership for $2 millon. Buyer paid $500k down, deal was to pay $500k per year for 3 years no interest. On one year anniversary (due date for next payment) buyer wants to ''back out''. No written contract. Proof is in back up from other partners, emails, recorded phone conversation.


Asked on 5/06/09, 2:15 pm

1 Answer from Attorneys
Bradford Patrick Chamberlin Patrick PA

Re: sale of partnership interest

I replied immediately when this was first posted. I reiterate, this is a breach of contract matter with offer, acceptance, consideration, partial performance, anticipatory repudiation, and sounds like a substantial matter. Please contact our office to discuss further.

Read more
Answered on 5/06/09, 2:17 pm


Related Questions & Answers

More General Civil Litigation questions and answers in Florida