Developer, Investor Trade Barbs In $25M AstroWorld Row
By Benjamin Horney (December 14, 2015, 7:18 PM EST) -- The developers behind a failed scheme to repurpose the former Six Flags AstroWorld site in Houston reiterated Monday that an investment company's $25 million suit claiming fraud and breach of contract should be tossed, saying B Choice Ltd.'s losses are merely an unfortunate byproduct of the economic downturn.
B Choice, a British investment firm that loaned a total of $25 million to Epicentre Development Associates LLC and about 20 other defendants over a period of three years to secure a partial ownership of the redeveloped land, told a Texas federal judge on Friday that its lawsuit should not be dismissed, detailing...
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