Yankwitt LLP Reaches Favorable Settlement in High-Stakes Contract Dispute Favorably for Investment Management Client

Yankwitt LLP successfully settled a breach-of-contract case on highly favorable terms for its client, a Westchester-based alternative investment management firm, in a dispute with a large private equity company over a failed transaction. The firm achieved a swift outcome that gave our client a significant return while avoiding the costs and burden of prolonged litigation.

The dispute arose after our client’s counterparty attempted to repudiate a binding agreement to acquire certain corporate debt at a contract price of almost $2 million.  In particular, after the parties negotiated and agreed on the material terms of the transaction, the private equity firm attempted to walk away from the agreement a week later.  When efforts to resolve the dispute failed, our client directed Yankwitt LLP to commence litigation in one of our home courts – the Commercial Division of the Westchester Supreme Court – for breach of contract. 

Upon receipt of the complaint, the defendant, represented by one of the county’s largest law firms, initiated settlement discussions. The parties reached a resolution on terms that were highly favorable to our client, bringing the dispute to a close without discovery or further litigation expenses.

The outcome highlights Yankwitt LLP’s sharp strategy, persuasive advocacy, and a well-earned reputation as Yankwitt Tough—aggressive litigators who will not back down at the settlement table or in the courtroom, all in service of clients’ interests.