1. A Question of EthicsAssignment and Delegation. Premier Building & Development, Inc., entered…

1. A
Question of EthicsAssignment and Delegation. Premier Building & Development, Inc., entered a listing
agreement giving Sunset Gold Realty, LLC, the exclusive right to find a tenant
for some commercial property. The terms of the listing agreement stated that it
was binding on both parties and their * * * assigns. Premier Building did not
own the property at the time, but had the option to purchase it. To secure
financing for the project, Premier Building established a new company called
Cobblestone Associates. Premier Building then bought the property and conveyed
it to

1. A
Question of EthicsAssignment and Delegation. Premier Building & Development, Inc., entered a listing
agreement giving Sunset Gold Realty, LLC, the exclusive right to find a tenant
for some commercial property. The terms of the listing agreement stated that it
was binding on both parties and their * * * assigns. Premier Building did not
own the property at the time, but had the option to purchase it. To secure
financing for the project, Premier Building established a new company called
Cobblestone Associates. Premier Building then bought the property and conveyed
it to Cobblestone the same day. Meanwhile, Sunset Gold found a tenant for the property,
and Cobblestone became the landlord. Cobblestone acknowledged its obligation to
pay Sunset Gold for finding a tenant, but it later refused to pay Sunset Golds
commission. Sunset Gold then sued Premier Building and Cobblestone for breach
of the listing agreement. [Sunset Gold Realty, LLC v. Premier Building &
Development, Inc., 133 Conn.App. 445, 36 A.3d 243 (2012)] (See Assignments
and Delegations.)

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