JASDIP Properties SC, LLC v. Estate of Richardson
Court of Appeals of South Carolina
1Opinion of the CourtKonduros, J.
This case arises from a contract for the sale of commercial property. Stewart Richardson1 (Seller) rescinded the contract after JASDIP Properties SC, LLC (Buyer) was unable to close in a timely fashion. A jury determined neither party breached the contract and awarded no damages on that basis. Buyer appeals the trial court’s subsequent denial of its unjust enrichment claim, which permitted Seller to retain $215,000 in earnest money and extension fees. We reverse and remand.
FACTS
On May 5, 2006, Buyer and Seller entered into a Commercial Purchase Agreement and Deposit Receipt (the Agreement)…
Also in this document: Concurrence.
2Cases cited15 opinions
- Sauner v. Public Service AuthoritySupreme Court of South Carolina · 2003
- Baron Data Systems, Inc. v. LoterSupreme Court of South Carolina · 1989
- Hill v. South Carolina Department of Health & Environmental ControlSupreme Court of South Carolina · 2010
- Sharpe v. South Carolina Department of Mental HealthSupreme Court of South Carolina · 1988
- Gignilliat v. Gignilliat, Savitz & Bettis, L.L.P.Supreme Court of South Carolina · 2009
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3Cited by7 opinions
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- Carolina First Bank v. Badd, LLCCourt of Appeals of South Carolina · 2012
- JASDIP Properties SC, LLC v. Estate of RichardsonCourt of Appeals of South Carolina · 2011
- Pioneer Civil Construction, LLC v. Ingevity Arkansas, LLCDistrict Court, W.D. Arkansas · 2023
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