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JASDIP PROPERTIES v. ESTATE OF RICHARDSON

No. 4878.

395 S.C. 633 (2011)

720 S.E.2d 485

JASDIP PROPERTIES SC, LLC, Appellant, v. ESTATE OF Stewart RICHARDSON, Respondent.

Court of Appeals of South Carolina.

Decided August 24, 2011.

Attorney(s) appearing for the Case

W. Andrew Gowder, Jr. , and Daniel S. McQueeney, Jr. , both of Charleston, for Appellant.

Toni Lee Tack Pennington , of Pawleys Island, for Respondent.

KONDUROS, J.

This case arises from a contract for the sale of commercial property. Stewart Richardson1 (Seller) rescinded the contract after JASDIP Properties SC, LLC (Buyer) was unable to close in a timely fashion. A jury determined neither party breached the contract and awarded no damages on that basis. Buyer appeals the trial court's subsequent denial of its unjust enrichment claim, which permitted Seller to retain $215,000 in earnest...

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