TIAA Wants $100M Suit Over Stalled DC Project Thrown Out

Law360, New York (May 04, 2012, 1:40 PM ET) -- Teachers Insurance & Annuity Association of America and its affiliates asked a Washington federal judge on Thursday to throw out a $100 million suit lodged by its partners in an apartment building project, whose second phase has stalled after a falling out between the companies.

Arguing that they are acting within the bounds of a contractual agreement, TIAA and its units filed a motion to dismiss several allegations of fraud and breach of contract that were lobbed by K Street Developers LLC and its subsidiary Union...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required