TIC Bucks County Office, LLC. v. CMS Solutions, LLC., Philadelphia, Pennsylvania
TIC Bucks County, a group of 37 Tenant In Common owners, hired CMS to assist in a workout for an $18,000,000 loan with Wells Fargo. They placed a deposit as an advance payment for a future “success fee” with a title company selected by CMS. However, when CMS failed to provide the services that were expected, the owners terminated contract. CMS refused to allow the escrow funds to be returned to the owners. A lawsuit was filed by CMS in Arizona and Rubin & Rubin defended the case for the owners. A confidential settlement resulted in a significant portion of the funds being returned for the benefit of the owners.









