Engineering Co. PSI Settles Construction Malfeasance Suit

Law360, New York (November 16, 2011, 4:32 PM EST) -- Texas-based Cypress/Spanish Fort I LP's breach of contract and negligence lawsuit for more than $22 million against engineering firm Professional Services Industries Inc. over alleged mismanagement of a development project was thrown out Tuesday after the parties reached an undisclosed settlement.

U.S. District Judge Jane Boyle dismissed the suit with prejudice in light of the parties' indication that they had settled the matter sometime in October, before it went to mediation, according to court documents.

No details of the settlement were revealed.

The suit was removed...
To view the full article, register now.




Case Information

Case Title

Cypress/Spanish Fort I LP v. Professional Services Industries Inc

Case Number



Texas Northern

Nature of Suit

Contract: Other


Jane J Boyle

Date Filed

August 2, 2010

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.