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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Torre Specialties, Inc. v. Coates, 832 S.W.2d 914 (1992)

Citation
Torre Specialties, Inc. v. Coates, 832 S.W.2d 914 (1992)
Parent Document
Torre Specialties, Inc. v. Coates, 832 S.W.2d 914 (1992)
Jurisdiction
Missouri (state)
Effective Date
1992-05-26

Other Sections in This Document (29)

Full Text

535 chars
In April 1988, Torre Specialties purchased the property subject to all existing leases. At the time of purchase, the $15,-000.00 debt owed Dr. Coates by Forty-One Twelve Associates had not been resolved. Therefore, pursuant to agreement, $13,500 of the purchase price paid by Torre Specialties to Forty-One Twelve Associates was placed in escrow. The escrow was to fund resolution of Dr. Coates’ claim for reimbursement of expenses she incurred during the build-out which she had previously claimed against Forty-One Twelve Associates.