Another court case relating to work at Dunkin’ Donuts Park is unfolding, as Arch Insurance has sued former ballpark contractor Centerplan Development Co.
Filed in federal court, the lawsuit concerns two projects–the Hartford Yard Goats (Class AA; Eastern League) Dunkin’ Donuts Park and Centerplan’s work on a separate development. As it relates to Dunkin’ Donuts Park, Arch claims that it is owed $8.4 million in losses, based on a previous agreement with Centerplan CEO Robert Landino. More from Hartfordbusiness.com:
As early as 2010, and at different points later on, Centerplan and Landino in his various capacities at related companies signed “General Indemnity Agreements” that guarantee Arch Insurance would be reimbursed for out-of-pocket costs.
In its Nov. 16 complaint, filed in the U.S. District Court’s Connecticut District, Arch, the surety for the two projects, asserts that it anticipates more than $18 million worth of potential liability for them, and has made payments so far exceeding $8.4 million to resolve some of the claims associated with the bonds issued for the stadium.
Those bond claims have not been resolved, the complaint states, and Arch state it continues to incur losses, fees, costs and expenses, while also facing potential liability.
Arch is seeking monetary damages and injunctions to force the developers to honor collateral security provisions and disclose financial information related to their current assets.
Centerplan was on the project until June, when the Hartford Stadium Authority voted to terminate its contract with the developer, citing missed deadlines for the ballpark’s completion . Meanwhile, work has resumed on Dunkin’ Donuts Park. In October, the Baltimore-based Whiting-Turner Contracting Co. was tabbed by Arch to finish the project.
After missed deadlines for the ballpark’s completion forced he Yard Goats to spend the entire 2016 season on the road, officials are hoping to have Dunkin’ Donuts Park completed by the team’s 2017 home opener, which is scheduled for April 13.
Image, posted September 30, courtesy Hartford Yard Goats.
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