$150M Nashville Ballpark Dodges Delayed-Construction Fee

Law360, New York (December 4, 2013, 5:19 PM EST) -- A proposed $150 million minor-league baseball park for the Nashville Sounds on Tuesday night won several approvals from the city's Metropolitan Council and dodged an amendment that would have tacked a fee onto the baseball team's deal for every year in which construction was delayed.

In a series of votes, the Metro Council approved on second reading bills that approve the issuance of $65 million in bonds to help fund the project and the purchase of state-owned land that the Nashville Sounds intend to lease from...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.