Settlement Obtained for Client in Breach of Contract Case

Douglas R. Hafer and Logan W. Simmons represented a small business owner who had sold his company. Significant disputes arose over what was acquired and the parties’ obligations. The small business owner sought over a million dollars in damages relating to the buyer’s breach of an indemnity provision contained in the parties’ asset purchase agreement. After years of a very contentious litigation, Mr. Hafer and Mr. Simmons obtained a favorable monetary settlement for their client.