Real Estate Brokerage Firm – Favorable Decision in Breach of Contract Dispute

Represent a global real estate brokerage firm in a breach of contract dispute. In this matter, the brokerage firm contracted to the be the exclusive agent in the sale of multiple properties in New York City. Herrick’s client brought an action in the Supreme Court of the State of New York when the defendants failed to pay the requisite commissions due under the agreement. As a result, the Court granted the client's motion for summary judgement and ordered a judgment in favor of the brokerage firm for the full amount owed. This litigation remains ongoing.