Sunday, November 29, 2009

Architecture firm seeks $32 million from university for breach of contract

this article is about a contract that is in dispute between Karlsberger Architecture and Ohio State University. A contract worth 32 million dollars was given to Karlsberger Architecture by Ohio State to build a new cancer center for the school. OSU asked Karlsberger Architecture to voluntarily terminate the contract, no reason was given. The contract had a clause that allowed OSU to terminate the contract without cause but the architecture firm said that that clause was voided because OSU did not exercise good faith. Karlsberger Architecture is asking the full 32 million for the original contract plus interest.

The full link for this article is http://www.thelantern.com/campus/architecture-firm-seeks-32-million-from-university-for-breach-of-contract

No comments:

Post a Comment