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

 Friday, February 15, 2019

 Hartford Courant

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.
Litigation
BROWSE RELATED NEWS ARTICLES