Fired Dunkin’ Donuts Park Developer Must Pay $39 Million To Insurance Company

Friday, February 15th, 2019 Litigation

Centerplan Construction Co., the fired developer of Dunkin’ Donuts Park, must pay $39 million to Arch Insurance, the company that guaranteed the stadium’s completion after Centerplan was dismissed, under a decision issued by a federal court judge Wednesday. U.S. District Judge Vanessa L. Bryant ordered the payment as part of a lawsuit filed against Centerplan by Arch, which brokered a takeover agreement and hired contracting firm Whiting-Turner to finish the ballpark after Centerplan was ousted. The $71 million, publicly funded stadium opened a year late.

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https://www.courant.com/community/hartford/hc-news-hartford-centerplan-arch-20190214-g64cmao6gzav3dbho7j2bhezny-story.html

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