Hi, my name is ***** ***** I will be glad to Answer your question and the only thing I ask in return is that you leave a positive rating which does not cost you anything, but it is the only way that the website will give me credit for assisting you, Fair enough ?
I wish that I could give you the Answer that you want to hear. But, I do not see any contract that was formed and for which you could sue for breach of contract. A verbal acceptance of an offer will not satisfy the Statute of Frauds which requires that there be a writing signed by the party whom you want to hold liable.
From your description of the transaction, you state only that this individual verbally accepted and that his Attorney was preparing a written contrac, but the other individual changed his mind before the Attorney memorialized the agreement in writing and was not signed by the other party. If you filed a lawsuit against the other party, you would have to show that the other party accepted in writing. Since this was not done, the Court would say that you had nothing on which to base the other party's alleged acceptance. The fact that the attorney began formalizing the Agreement does not constitute the acceptance which the law requires in order to have a binding contract,
Although you are a subscription cusomer and it will not cost you anything to accept my Answer, your acceptance is still necessary in order for JustAnswer to give me credit for Answering your question,
Thank you so much for your understanding,