Judge Approves Mich. Resort Development Deal

Law360, New York (June 11, 2012, 7:05 PM EDT) -- A Michigan federal judge on Monday approved an agreement between the township of Saugatuck, Mich., and a real estate development company owned by Chesapeake Energy Corp. CEO Aubrey K. McClendon, settling an environmental zoning dispute and allowing a resort development project to proceed.

U.S. District Judge Paul L. Maloney's decision to greenlight a consent decree between Saugatuck and Singapore Dunes LLC allows the construction of a commercial and residential resort in a freshwater wetlands and dunes section of the township to move forward, despite some continued...
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