Hunters Point lawsuit settlement with Lennar, FivePoint rejected between Shipyard developer and Bayview residents - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Developers Lenanr Corp. and FivePoint Holdings last year moved to settle a lawsuit with Bayview residents over the Hunters Point development. But a federal judge has raised concerns about the deal.

— as the class representative, stating that the agreement does not adequately explain her qualifications.he former U.S. Navy contractor that for roughly a decade was in charge of the radiological remediation of the former naval base. The U.S. Environmental Protection Agency in 2018 determined that as much as

97% of Tetra Tech's cleanup data from two parcels on the site was found to be suspect and should be retested, and that same year, two after admitting that they swapped out contaminated soil samples for clean ones. Tetra Tech in the past has blamed the fraud on a small group of"rogue" employees. In justifying the proposed settlement, Bonner said that the plaintiffs are aware of the weaknesses of their claims against the developers, who have themselves sued Tetra Tech alleging fraud.

"The developers' claim that they have been similarly victimized may complicate plaintiffs’ case at trial," Bonner wrote. He noted that the court has partially dismissed some of the plaintiffs' claims against Tetra Tech, underscoring the"risks that plaintiffs face in eventually obtaining recovery," which will take years to achieve and defend on appeal.

FivePoint has also approved plans for the adjacent, 280-acre Candlestick Point — which once housed Candlestick Park, the former home of the San Francisco Giants and 49ers — to build 7,218 homes, a 130,000-square-foot, 220-room hotel, 750,000 square feet of research, development and office space and about 300,000 square feet of lifestyle retail.prioritizing its

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hunters Point lawsuit settlement with Lennar, FivePoint rejected between Shipyard developer and Bayview residents - San Francisco Business TimesDevelopers Lenanr Corp. and FivePoint Holdings last year moved to settle a lawsuit with Bayview residents over the Hunters Point development. But a federal judge has raised concerns about the deal.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »