settlement

Paul Violette to pay back $155k to Maine Turnpike in settlement, insurance cos to pay $255k


"You can't get blood out of stone" goes an old saying. With Paul Violette's net worth declared by affidavit at "approximately $180k" (PRECISION ADDED) the Maine Turnpike Authority has accepted a settlement in which the disgraced former chief executive agrees to pay back $155k, about a quarter of what he was billed for in a court complaint in July.

ETC, Louisiana DOT reach settlement to withdraw lawsuits, amend their contract to pay for changes


Louisiana DOT (LADOTD) and Electronic Transaction Consultants ETC) have announced a legal settlement whereby both sides withdraw their lawsuits against one another over a new toll system for the Crescent City Connection Bridge and the Leesville Bridge on Louisiana Route 1 (LA1).  The disagreements reflected in the LADOTD suit

Big bad bridge bully settles with little bait shop - finally


If anything served to shape the negative perception of the Ambassador Bridge company and its owners the Moroun family in Detroit and Windsor it was their approach to acquiring real estate, and specially their dealings over a small bait shop located almost in the shadow of the bridge.

Tampa toll say settled major claims on URS for 2004 collapse of El for $74.75m


Tampa Hillsboro (Toll) Expressway Authority (THEA) say they've settled with URS' insurer on $74,750,000 in compensation for flawed design work revealed in a collapse of their Selmon Expressway elevated ('El') while under construction in April 2004.

Modern Continental settles Big Dig ceiling collapse negligence for $21m


Modern Continental Construction (Modern) and their insurance companies Travelers and Firemans Fund have reached a settlement on behalf of the Mass Pike of $21m for the fatal ceiling collapse of July 10 2006 and other claims. Modern has to extend their $2b performance bonds for another six years and will pay any costs above set thresholds.

The announcement was made by the Massachusetts Attorney General Martha Coakley.

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