Matt Mulholland

The plaintiff buyer failed to close a real estate transaction due to an inability to secure financing.

The plaintiff attempted to renegotiate the purchase price and deposit, which the defendant sellers rejected.

The defendants subsequently sold the property to another buyer for $5,000 less and moved for summary judgment to dismiss the plaintiff's action and release the $65,000 deposit to them.

The court granted the motion, finding no bad faith, no failure to mitigate, and no grounds for relief from forfeiture, as the deposit was reasonable and there was no unconscionability.

The plaintiff sued the defendant for breach of a software license agreement, a general security agreement, and the duty of honest performance.

The dispute centered on whether the defendant's newly bundled software suite constituted 'Replacement Software' triggering higher royalty payments, and whether the defendant failed to negotiate in good faith regarding pricing changes.

The court dismissed the action, finding that only one module of the bundled suite met the contractual definition of Replacement Software.

Furthermore, the court held that the plaintiff failed to prove any breach of the duty of honest dealing, as there was no evidence of dishonesty or a refusal to negotiate by the defendant.