Physical Damage to Apartment Building and Economic Loss: Plaintiff alleged significant physical damage and economic loss when right rear door of defendant's truck/trailer caught a stabilizer wire on an electrical pole causing an underground gas main to explode when the wire fell on it which caused a power surge. This caused damage to the electrical systems in plaintiffs apartment building five blocks away. As a result numerous parts of the electrical system and elevator system had to be replaced and tenants withheld rent.

Breach of Written Contract, Intentional Interference with Economic Advantage, Constructive Fraud: Plaintiff contended that he left a lucrative position to work with Defendant based on Defendant's written promises that as part of his hiring package, Plaintiff was entitled to 25 percent of the outstanding stock of the company valued at greater than $1 million dollars. The parties entered into a written option agreement. When Plaintiff exercised his option, defendant refused to tender the 25 percent ownership. Defendant argued that Plaintiff had not tendered the consideration for the stock options.