Cosma And Taraschi Win Dismissal Of Complaint And Rescission Of Settlement Agreement For Local Board Of Education

Roseland, NJ, February 23, 2009 – Connell Foley Partners Thomas S. Cosma and Mitchell W. Taraschi recently won dismissal of a Complaint by a construction manager against a local board of education seeking to enforce a settlement agreement.  The Court summarily denied the construction manager's request to enter judgment  for over $2 million against the board;  declared the settlement void and rescinded the settlement due to unilateral mistake; dismissed the construction manager's Complaint; and entered judgment directing the construction manager to return  $750,000 already paid pursuant to the terms of the settlement.  For a copy of the decision in the case, please click on the following link, Tri-Tech v. Nutley Board of Education, Superior Court of New Jersey, Law Div:  Essex County, Docket No. ESX-L-009675-08.