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Thursday, March 28, 2024

Latter & Blum files breach of contract claim over exclusive marketing agreement

New lb classic yard sign

NEW ORLEANS – A local real estate broker alleges a couple breached an exclusive marketing agreement they had on a piece of property.

Latter & Blum Classic Homes & Properties Inc. filed suit against Mary Conerly, wife of Jessie Conerly in the Orleans Parish Civil District Court on Sept. 17.

In early 2012, the Conerlys contacted Latter & Blum in regards to the sale, leasing or renting of the defendant’s commercial real estate. The address of the property is listed as 2930 Frenchman St. in New Orleans. On Jan. 30, 2013, the Conerlys and Latter & Blum are alleged to have entered into an exclusive marketing agreement to sell, lease or rent the property.

The contract allegedly stated Latter & Blum as the exclusive broker for the sale, leasing or renting of the Conerly’s property. However, during the span of this agreement a third party, Durham School Services, contacted an associate broker of Latter & Blum, Matthew Galofaro, requesting specific listings of the property and building size. Galofaro then purportedly inquired if Durham was interested in viewing the property, in which he was met with no response.

Directly after, the Conerlys contacted Latter & Blum to cancel the exclusive marketing agreement to sell, lease or rent their property. Thus, the defendants allegedly entered into a lease with Durham resulting in the withdrawal of payment to Latter & Blum as stipulated under the agreement. Latter & Blum claims this alleged violation constitutes a breach of contract and rightfully deserves a commission of the property accordingly.

Latter & Blum is represented by Jack A. Ricci of Ricci Partners LLC.

The case has been assigned to Div. M Judge Paulette R. Irons.

Case no. 2014-09119.

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