Real Estate Broker Hits Cannabis Co. 4Front With $19M Suit

By Bonnie Eslinger (January 27, 2022, 5:40 PM EST) -- Real estate broker Savills Inc. sued cannabis company 4Front Ventures in New York federal court Thursday, claiming it put together a deal with over $129 million in government incentives for a new Illinois facility but 4Front hasn't paid it millions in fees they contracted for.

Savills claims their deal requires 4Front to pay fees totaling 15% of the $129 million deal — or over $19 million — with more than $9.7 million overdue now, and the remainder split into two payments, due in late 2022 and 2023.

The agreement, inked in November 2020, required Savills to secure for 4Front governmental or...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!