Developer Cannot Rescind Sale Contract for Impossibility of Performance
RW Holdings, LLC v. Mayer
NYLJ 10/2/15, p. 29, col, 2
AppDiv, Second Dept.
(memorandum opinion)
In buyer-developer's action to rescind a sale contract, developer appealed from Supreme Court's grant of summary judgment to sellers dismissing the complaint and declaring that sellers were entitled to exercise their option to insist on a reconveyance of part of the property for $1,
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