Sugarman News & Articles

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Kevin Van Duser, assisted by Stephen Davoli and Heather Berry, represented a Financial Advisor being sued for an alleged breach of contract relating to the sale of a Financial Advisor Practice with a book of business value estimated in excess $50,000,000. It was alleged that the Sugarman client owed the seller $497,000 plus interest. A Counterclaim was served on behalf of the client alleging that that the seller violated the covenant not to compete contained in the contract for the purchase of the business. After a 6 day non-jury trial, the judge found in favor of Sugarman’s client, dismissed the claim against him, and granted judgment on the Counterclaim. The judge further found that the client was allowed to proceed to a trial in the future to determine the amount of damages owed on the Counterclaim.

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