CFC Sinks Developer's $37M Navy Housing Suit

Law360, New York (December 9, 2011, 7:54 PM EST) -- The U.S. Court of Federal Claims has rejected a Hawaii developer's $37 million breach of contract suit against the U.S. Navy related to huge budget overruns in the construction of naval housing, according to a decision released on Friday.

Although the naval inspector overseeing the project was “difficult and overzealous,” his actions — which the developer claimed caused the project to run two years behind schedule and $28 million over budget — do not rise to the level of unfair dealing, especially because the Navy was...
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