Albert Farrah represented a real estate developer in a dispute with his partners involving several Boston commercial real estate properties. After 17 days of testimony before a three-lawyer board of arbitrators, the action was settled on terms extremely favorable to his client. Confidentiality agreements prevent any further disclosure of this action or the terms of this settlement.
$1.7 Million Essex Superior Court Verdict In Family Real Property Dispute
After six days of trial an Essex Superior Court jury returned a $1.7 million verdict in favor of Albert Farrah's clients in a dispute involing inter family real estate partnerships and close corporations. Tarshi v. Tarshi, et al, Essex Superior Court.
In this partnership dispute between brothers, Albert Farrah represented clients in claims of breach of fiduciary duty and conversion in the operation of a construction company. After a 10-day arbitration, his clients were awarded $470,000, which was subsequently confirmed by a Superior Court judge. Buonopane v. Buonopane, Middlesex Superior Court.
Albert Farrah represented the owner/developer of convenience stores in Boston’s South End and Government Center against three suits brought by his brothers claiming they were partners in both the business and real estate on which the businesses operated. All claims were ultimately abandoned. Fassil v. Fassil, Suffolk Superior Court.
Despite that his client made no effort to collect funds owed him by his former partner for over eight years, Albert Farrah secured an arbitration award of over $100,000 in a partnership dispute between certified public accountants. He also defended against a $1 million counterclaim brought against his client. No award was made in connection with the counterclaim. Hurley v. Martin, et al, American Arbitration Association.
The firm has represented clients in other commercial real property partnership disputes involving properties in Boston, Charlestown, Hanover, Lawrence and Rockport, MA.