Tampa Port Authority Sues IBRC For Failing Retail Center

Law360, New York (March 14, 2014, 7:10 PM EDT) -- The Tampa Port Authority filed suit against Irish Bank Resolution Corp. Ltd. and others in Delaware bankruptcy court Thursday, seeking reimbursement of money it claims it lost due to the defendants' breaching a lease through poor management of a retail center located on property the authority owns.

Thursday's suit is the latest in a long-running lease fight over the Channelside Bay Plaza retail center in Tampa, Fla. The Tampa Port Authority, which owns the land the plaza was built on, has sued IBRC as well as...
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