Collin County Judge Awards Up To $1.6M Attorney Fees in Real Estate Case

The jury found Megatel Homes waived a right of first refusal agreement to buy the property from 13MC by breaching its contract, meaning the redevelopment can continue.

August 21, 2024 at 02:09 PM

3 minute read

Contractual Disputes

Adolfo Pesquera

What You Need to Know

A Centurion American subsidiary was awarded attorney fees of up to $1.6 million in a real estate transaction dispute.
A jury found defendant Megatel Homes LLC waived a right to first refusal after noticed of a third party offer.
Project investor VM Fund I was also granted its request that Megatel's claim to title be quieted.

A Collin County district court judge awarded up to $1.6 million in attorney fees to plaintiffs' counselors, as prevailing parties in a dispute over rights to develop a commercial property.

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