TKG Associates, LLC v. MBG Monmouth, LLC, et al.

── TKG Associates, LLC v. MBG Monmouth, LLC, et al. ── Case No.: 24A-PL-01270 Court: Indiana Court of Appeals Date: April 16, 2025 Author: Judge Elizabeth Tavitas County of Origin: Marion Category: Civil Decision: Reversed and Remanded Judge May and Judge DeBoer concur Buyer is a limited liability company operated by Ajay Keshap and his family. Seller consists of several limited liability companies that own four Sky Zone franchises in Monmouth, New Jersey; Aurora, Illinois; Joliet, Illinois; and Greenfield, Wisconsin, and are operated by Barbara Glazer (“Glazer”) and Mark Glazer. On January 19, 2022, Buyer and Seller entered into an Asset Purchase Agreement (“Agreement”) for the sale of the four Sky Zone franchise assets for a purchase price of $6,500,000.