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NY Wheel Ch. 11 Dismissal Proceeds After Mediation Fails

Law360, Wilmington (March 5, 2018, 8:48 PM EST) -- A motion by the developer of a large observation wheel in New York City to dismiss the Chapter 11 case of design and build contractor Mammoet-Starneth LLC proceeded Monday in Delaware after a mediation attempt between the parties failed.

During a hearing in Wilmington, attorney Michael A. Rosenthal of Gibson Dunn & Crutcher LLP — representing developer New York Wheel Owner LLC — told the court that efforts to resolve the issues that led to the termination of the project contracts, dueling lawsuits in New York...
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