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

06.20.2012
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ROSELAND, N.J./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manager's request to enter judgment  for over $2 million against the board; declared the settlement void and rescinded the settlement due to unilateral mistake; dismissed the construction manager's Complaint; and entered judgment directing the construction manager to return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.

Mr. Cosma is a member of the firm’s Commercial Litigation and Construction Law practice groups.

Mr. Taraschi is a member of the Commercial Litigation and Construction Law practice groups.

For more information regarding the case, please contact 973-535-0500, tcosma@connellfoley.com, and/or Mr. Taraschi at mtaraschi@connellfoley.com.

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