In the aftermath of the financial crisis that occurred in 2008, a plan was developed to sell a number of state-owned office buildings, to offset lost tax revenues and budget shortfalls.  The state held an extensive bidding process and selected a buyer.  Due to a variety of factors including the buyer’s failure to pay the required earnest money, third-party lawsuits, and other factors, the sale was never consummated.  Cushman & Wakefield was retained by outside counsel to the state to evaluate the alleged damages claimed by the plaintiff/buyer resulting from the state’s decision to rescind the offer to sell.