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...
To view the full article, register now.
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.