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About Lacy E Holly III

Lacy E Holly III is a lawyer practicing civil litigation, commercial litigation, real estate and 3 other areas of law. Lacy received a B.S. degree from Liberty University in 1986, and has been licensed for 35 years. Lacy practices at Law Office of Vivian A. Houghton, Inc. in Wilmington, DE.

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Communication
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1.0
Real Estate
Posted by Rebecca
March 13, 2025
Hired Attorney

I engaged Lacy Holly to represent me and seven other co-owners in the sale of an inherited commercial property in Newark. Despite paying over $10,000 in legal fees, Mr. Holly failed to advise us about critical environmental liabilities that follow title holders or recommend necessary environmental inspections that could have protected us from substantial liability. This oversight nearly exposed us to significant financial risk. When asked about potential liabilities we might face as involuntary title holders, Mr. Holly never mentioned environmental concerns—information we later had to learn from our real estate broker. He also misrepresented our contractual rights regarding the deposit recovery when a sale fell through, recommending a 75/25 split despite contractual provisions supporting full recovery. Most concerning was Mr. Holly's reaction when questioned—he attempted to terminate representation without notice, only communicating this decision to one of eight clients. Professional l

 

Services

Areas of Law

  • Litigation 1
    • Civil Litigation
  • Commercial Litigation
  • Real Estate
  • Family Law
  • Other 2
    • Foreclosure
    • Bankruptcy & Debt

Practice Details

  • Firm Information
    Position
    Member
    Firm Name
    Law Office of Vivian A. Houghton, Inc.

Experience

  • Bar Admission & Memberships
    Admissions
    1991, Delaware
    1991, Pennsylvania
    1993, New Jersey
    U.S. Court of Appeals, Third Circuit
    U.S. District Court, District of New Jersey
    U.S. District Court, Eastern District of Pennsylvania
    U.S. District Court, District of Delaware
    2003, Maryland
    Memberships
    Philadelphia County, Delaware State and New Jersey State Bar Associations.
  • Education & Certifications
    Law School
    Marshall-Wythe School of Law, College of William and Mary
    Class of 1989
    J.D.
    Other Education
    Liberty University
    Class of 1986
    B.S.
    Political Science and Business Administration
  • Personal Details & History
    Age
    Born in 1965
    Wilmington, Delaware, April 28, 1965

Lacy E Holly III

Member at Law Office of Vivian A. Houghton, Inc.
1.0
1 review

800 West St., 2nd Fl.Wilmington, DE 19801U.S.A.

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