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Contracts Keyed to Marshall
Anderson Investments, L.L.C. v. Factory Card Outlet of America, Ltd.
Citation:
630 F. Supp. 2d 1030 (2009)Facts
After the parties entered into the LOI, lease negotiations began on December 3, 2007. Andersen was represented by attorney Tim Miedona, and FCOA was represented by attorney Scott Weinberg. The parties negotiated various terms included in the LOI. On March 12, 2008, Kranz advised Andersen that FCOA would not enter into the lease because FCOA had been recently acquired by Amscan Acquisitions Holding. By the time FCOA gave Andersen notice of their intent not to sign the lease, Andersen had completed approximately fifty percent of the work and spent approximately $232,000 on the project.
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