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Old 08-18-2015, 08:46 PM   #159
secondcurve
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Quote:
Originally Posted by Seaplane Pilot View Post
http://www.laconiadailysun.com/index...over-bid-award

I hope they stick it to the City of Laconia.
Apparently the issue is Mr. Blizzard and now his daughter believe that there was a right of first refusal extended to them on the property but there wasn't any paperwork executed or filed with the land court. Verbal agreements, if in fact there was one, don't mean much with respect to real estate. In fact they mean nothing. I think they are wasting time and money but if you get good counsel sometimes you can prevail. It will be interesting to watch it work its way through the courts. If Blizzard is successful reversing the Pending sale, I'd imagine the city will be sued by Irwin for breech of contract. What a mess.
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