Developer, Investor Trade Barbs In $25M AstroWorld Row
Law360, New York (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...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!