Closed

Need Representation for fraudulent inducement. CA

This project received 4 bids from talented freelancers with an average bid price of $5482 USD.

Get free quotes for a project like this
Employer working
Skills Required
Project Budget
min $5000 USD
Total Bids
4
Project Description

This is basically a fundign deal gone bad due to the lenders fraudulent inducement.
We are looking for a semi-contingent basis attorney who can handle this for us.
Monies and Summary:
a. Wired 45k Due Diligence As per the Term Sheet
b. They did not meet their deadlines to close due to speed of their internal processes.
c. Sales Contract Expired- was going to cost another 50k to extend.
d. No monies were to be spent until after appraisal was complete- which was never completed to date.
e. They provided an inaccurate breakdown of funds used.

Additional Monies Spent on Project:
[url removed, login to view] In Extension Fees
[url removed, login to view] 125 @ 150/ hour in Documented Hours in Document Preparation for Them
c. 5K Broker Fees

Total Losses:
143K

This does not include future loss of revenue- basically a project delay of 6 months valued at Net 175K Revenue.
318 K Realizable Losses.
Documents to be provided on interest.

Looking to make some money?

  • Set your budget and the timeframe
  • Outline your proposal
  • Get paid for your work

Hire Freelancers who also bid on this project

    • Forbes
    • The New York Times
    • Time
    • Wall Street Journal
    • Times Online