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  1. #1
    Senior Member Reputation points: 338241
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    Mar 2015
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    Quote Originally Posted by J.Celifarco View Post
    maybe I am missing something but if bfs owed grp why would grp sue the company that owns them
    I don't know the story John, but I have seen other cases where a seller sues a buyer post closing because something that was promised in a deal was not delivered.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by kevinhenry0527 View Post
    I don't know the story John, but I have seen other cases where a seller sues a buyer post closing because something that was promised in a deal was not delivered.
    yeah I guess possible
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
    Senior Member Reputation points: 86941
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    Quote Originally Posted by kevinhenry0527 View Post
    I don't know the story John, but I have seen other cases where a seller sues a buyer post closing because something that was promised in a deal was not delivered.
    the APA was a stock option vs a cash payout for the sale with specific language on benchmarks that had to be met to get the value of sale. if you read the suit, it lists all the reasons why the previous owner had to sue. my understanding is the owner settled and is no longer in the business. if that's the case, than, it would make sense why BFS is showing up in the debits. Essentially, that would make GRP a satellite office for BFS.

  4. #4
    Karen37a
    Guest
    Quote Originally Posted by kevinhenry0527 View Post
    I don't know the story John, but I have seen other cases where a seller sues a buyer post closing because something that was promised in a deal was not delivered.

    I can promise you thats not the story. So while you all had your little laughs...id never hire someone who was in the pokey, you had no idea that some ethical brokers ran for it...

    Now you will never know the story



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