[CPEO-BIF] "Developer Pat Turner faces more litigation over Westport, " Baltimore, Maryland

[Lenny Siegel <lsiegel@cpeo.org>]

Developer Pat Turner faces more litigation over Westport

by Kevin Litten
Baltimore Business Journal (MD)
March 4, 2014

Citigroup Global Markets Realty Corp. is suing developer Patrick  
Turner to recover the costs of the extensive litigation that has  
surrounded his Westport development since 2011.

The costs of that litigation will be at least $25,000, Citigroup said  
in the lawsuit, although the bank acknowledged those fees “cannot be  
calculated in advance with precision.”

The fees were incurred in both the proceedings connected to Turner’s  
default on a $30 million loan Citigroup made to get Turner’s Westport  
development started, as well as a bankruptcy filing that has delayed  
Citigroup’s efforts to auction the property.

...

For the entire article, see
http://www.bizjournals.com/baltimore/blog/real-estate/2014/03/ 
developer-pat-turner-faces-another.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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