WTC Contractor's Backer Sues Over $9M In Unpaid Invoices

Law360, New York (February 7, 2012, 4:29 PM EST) -- A Canadian finance company sued the construction manager and developer of 4 World Trade Center on Monday, claiming their failure to pay a steel contractor working on the lower Manhattan skyscraper has cost it nearly $9 million in funds it advanced to the contractor.

The Nova Scotia-based Maple Trade Finance Inc. accused New York's Tishman Construction Corp. and 4 World Trade Center LLC of breach of contract, unjust enrichment and tortious interference with a contract for allegedly diverting to other World Trade Center contractors funds that...
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