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Need Representation for fraudulent inducement. CA

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

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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.

SUBMIT DATE

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