We would like to show our appreciation for Jack Grant’s excellent lawyering by sharing one of our very personal experiences [-a personal story].
Our company purchased a business together with an option to buy land for future expansion adjacent to the business. The seller, a wealthy developer, had agreed to deliver a certain title to the lands. However, it turned out that there were vexatious problems with the title to the lands – nevertheless, the seller was obliged under contract to resolve them. We agreed to 5 extensions of the option exercise date to give the seller an opportunity to fix the title. However, the seller then abruptly decided that he simply didn’t want to fix the title and told us we had to exercise the option and complete the purchase. Then, to our surprise, the seller belligerently said “No!” He didn’t want sell the land anymore – he wanted to keep the land for his own development purposes.
Not good. This meant there would be a fight with this man of substantial means – a man who was known to be very hostile and to use his vast team of attorneys to throw his considerable weight around.
Jack Grant said: “We can do this thing” and went on to develop a strategic plan with a litigation specialist in Seattle. We consulted with them step by every careful step.
The back and forth communication with the seller’s lawyers was intense but our positions had been well documented and we left the seller no doubt about what would happen next. When the day arrived for the closing showdown at the title company, the only question was: “Would the seller keep his original word or default by rejecting our cashier’s check and fight on?”
As it turned out, Jack had so well-crafted things going into this event that our position was, in our words, “lawsuit ready” should we be rejected at the closing table and need to sue.
When faced with this reality, the seller sputtered a bit and fumed a lot, but realized the odds weren’t good for him. He accepted our money, thus allowing the deal be closed and costly litigation was avoided.
We now have a wonderful new building on this site and Jack Grant’s guidance has been core to our success on this deal and numerous other challenges we faced over the last 17 years.
He has a good sense of humor too!
Gene and Connie Shannon – Proprietors, Fairhaven Village Inn, Galloways Cocktail Bar, and South Bay Suites, Bellingham, WA