If You Can’t Obtain a Fair Settlement, We’re Fully Prepared to Take the Case to a Jury
Our client purchased an interest, via a §1031 exchange, in a building that was to be used as a daycare. Unfortunately, errors occurred in the lease and option to purchase negotiations by the client’s former counsel. As a result, our client lost its valuable, exclusive option to purchase the remaining 50-percent interest in the daycare. That error lead ultimately to our client selling its interest and losing the significant equity that would have come had it been able to exercise its option.
When the parties were unable to settle the claim, Quarles & Brady tried the case to a jury in Wisconsin. After a five-day trial, the jury awarded our client a verdict to reimburse them for their losses.