913 Market, LLC v. Bathla

IN THE SUPERIOR COURT OF THE STATE OF DELAWARE 913 MARKET, LLC, ) ) Plaintiff, ) ) v. ) C.A. No. N16C-11-149 JAP ) KAMAL BATHLA, ) ) Defendant. ) MEMORANDUM OPINION This is a dispute over which party to a failed real estate transaction is entitled to the purchaser’s deposit. Defendant Bathla agreed to purchase 913 Market Street in Wilmington, Delaware from Plaintiff and made a $118,000 deposit. Closing on the transaction never took place, and the seller, 913 Market LLC, filed a breach of contract claim seeking the deposit as liquidated damages because of Bathla’s failure to settle. Bathla…