911 Memorials News and Commentary | 911 Memorials Around the World
 


  << Previous Topic | Next Topic >>Return to Index  

Judge Orders Arbitration of Libeskind Fee Suit

July 21 2004 at 10:19 PM
Mercury News 

A judge ordered mediation Wednesday in a fee dispute between World Trade Center leaseholder Larry Silverstein and the designer of the master plan for rebuilding at Ground Zero.
Justice Karla Moskowitz issued the order at the request of Silverstein's lawyer. Designer Daniel Libeskind's side was opposed to submitting the lawsuit to a neutral third party.
Libeskind sued Silverstein on July 13, saying the developer had withheld Libeskind's proper fee as punishment for thwarting Silverstein's plans to include more rental space in the design. Libeskind said he should receive $843,750, based on the project's estimated cost of $1.5 billion.
But Silverstein has said that he was paying Libeskind based on time spent working on the project, not based on the project's cost.
Silverstein lawyer John Lieber said that the two sides were trying to settle their dispute when Libeskind sued, and that they were only a few hundred thousand dollars apart.
http://www.mercurynews.com/mld/mercurynews/news/breaking_news/9208430.htm?1c

 

 Respond to this message   
Current Topic - Judge Orders Arbitration of Libeskind Fee Suit
  << Previous Topic | Next Topic >>Return to Index  
 Copyright © 1999-2013 Network54. All rights reserved.   Terms of Use   Privacy Statement  
RSS Feed For This Forum