Michael L. Feinstein, P.A. issued the following announcement on July 11.
Construction projects are often important for business growth. Some companies may have new ventures that need buildings to operate out of, and other businesses may simply need additional structures to further their existing operations. Whatever the case may be, issues with such a project can prove frustrating and costly, and it is not unusual for construction litigation to take place in efforts to come to a resolution.
Florida residents may be interested in this type of problem occurring in another state. Reports indicated that a company had hired a general contractor to build a hotel tower to act as an attraction due to its association with a professional basketball team, but also contains condos and hotel rooms with extra long beds for basketball players. However, the issue surrounding the tower involves budget estimates going nearly $50 million over original estimates and the fact that the building is open but not yet complete.
The company filed a lawsuit claiming the the contractor mismanaged the project. This problem is not the only one surrounding the project as the contractor has filed a construction lien against the company due to not receiving approximately $36 million in owed payment. The contractor did not immediately provide comment for the report.
In a perfect situation, a construction project would be completed smoothly and efficiently. Of course, these types of undertakings are rarely perfect. If Florida business owners or individuals believe that their projects have been mishandled or other serious issues have come about, they may need to consider their legal options. Construction litigation may be necessary to resolve problems involving a project.
Original source can be found here.