Iusi v. Chase

A claimed agreement of real estate brokers for a “three-way split” of commissions has led to this tripartite litigation. Iusi, the listing broker, and Thompson, the middleman or broker’s broker, brought separate actions against defendant Chase, the procuring broker. The actions were consolidated and tried to the court without a jury. Judgment was entered in favor of Iusi against Chase for 50 per cent of the commission already paid to Chase, and declaring that half of the remaining commissions, as paid to Chase, should belong to Iusi. In Thompson’s action judgment was in favor of defendant…