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LAWSUITS NEWS & LEGAL INFORMATION

Lake Superior Center Authority agrees to pay $275,000 settlement in construction dispute.

Duluth, MN: (Jun-19-08) A settlement has been reached between the Lake Superior Center Authority, which owns the Great Lakes Aquarium, and Listul Industries of Ramsey, Minn., which provided erection and steel fabrication services during the aquarium's construction. The settlement comes after seven years of litigation when Listul filed a mechanic's lien foreclosure action to recover an alleged unpaid contract balance. Lake Superior Center Authority responded with a counter suit claiming breach of contract, and delaying the opening of the aquarium. The settlement terms total $275,000, of which $175,000 is to be paid immediately, $45,000 on Dec. 15; $25,000 on July 15, 2009; and $30,000 on Dec. 15, 2009.

Lake Superior Center Authority in the News

[DULUTH NEWS-TRIBUNE: Lake Superior Center Authority]
Search for: Duluth's Great Lakes Aquarium reaches settlement with builder

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Published on Jun-19-08


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