For the final week, you will have due a legal analysis paper. To make it easier, I have decided to upload the article now from which you will have to decipher at least 10 correct legal issues. You will not be expected to write a legal memo but rather just to write legal issues only. Download the article. Every day or week, since you have learned new content, please identify as many concepts as you from the articles and make notations such as (this is an example of an offer, this is an example of consideration, or This is an example of statute of frauds, or exception, etc.)
https://drive.google.com/file/d/13Rtt8i0f9-C_-K8srEJp5MuOSrDxoYdd/view?usp=sharing
One World Trade Center contractor claims Port Authority owes $87M for concrete superstructure
By Katherine Clarke
This concrete titan is caught between a rock and a hard place.
The company that poured the high-security concrete superstructure for 1 World Trade Center says it’s struggling to stay afloat after the Port Authority of New York and New Jersey refused to pony up $87 million for services rendered.
A business entity tied to Collavino Construction Company, one of the main contractors on the Lower Manhattan tower, has filed for Chapter 11 bankruptcy protection, claiming it can’t afford to pay its suppliers until it’s been paid, the Daily News has learned.
The Port Authority tapped Collavino, a Canadian company with offices in New Jersey, in 2007 to construct the 105-floor concrete superstructure for the iconic building, according to the bankruptcy filing. The specially reinforced concrete it poured was designed to protect the above ground portion of the building from a street-level blast.
Below ground, an additional concrete structure was created to keep the building stable even in the event of a bomb bigger than the one that went off in the former World Trade Center’s parking garage in the 1990s.
Collavino says it successfully completed the work in 2013 after substantial delays beyond its control but, when it gave the Port Authority the check, it was stonewalled.
Now, the company, which is otherwise in good standing and has three other open projects in the New York and New Jersey area, is facing seven separate lawsuits from various subcontractors and suppliers, it said.
One World Trade Center remains the most expensive skyscraper ever built, with its total cost pegged at nearly $4 billion. Its construction cost more than twice as much as the world's tallest building in Dubai.
Trade Center Contractor Spar Over Payment
Port Authority officials “deny any liability” to Collavino Construction
The sun rises next to One World Trade Center in New York City. Delays during construction meant the 104-story project only opened in November. Photo: Associated Press
By Katy Stech
A Canadian construction firm that helped build the One World Trade Center skyscraper in lower Manhattan is pushing the Port Authority of New York and New Jersey to pay $87 million for the job.
Officials at Ontario-based Collavino Construction Co. put the firm into bankruptcy amid their dispute with port officials over expensive delays during construction of the 104-story project, which opened in November.
In 2007, World Trade Center project officials hired Collavino Construction to handle concrete needs at the $3.9 billion site. Its subsidiary hired about 50 trade vendors and suppliers to help with the project.
“The [company] experienced significant delays due to reasons beyond its control,” a Collavino Construction official said in court papers, leading the firm to pursue damages of more than $87 million.
With that dispute still unresolved, the firm’s subsidiary filed for bankruptcy in October, facing payment demands from subcontractors and suppliers who pushed to be paid roughly $1 million.
Port Authority officials “deny any liability” to Collavino Construction and “assert that they have incurred damages arising out of [construction firm’s] involvement in the project,” according to court papers.
On Tuesday, Port Authority lawyers asked Judge Shelley Chapman to allow both sides to continue looking for a resolution using the Port Authority’s chief engineer office. The bankruptcy case for Collavino Construction and its subsidiary stopped that process.
“The mandatory dispute resolution provision, which has been upheld by a decision affirmed by New York’s Court of Appeals, provides a mechanism for the expeditious and efficient resolution of all claims and disputes arising out of the project, including the claims asserted by” Collavino Construction, Port Authority lawyers said in court papers filed Tuesday.
Aside from operating New York City’s major transportation systems, the Port Authority owns the World Trade Center site and managed its construction.
1 WTC contractor claims Port Authority owes $87M in damages
The Port Authority of New York and New Jersey is clashing with a major contractor that did work on 1 World Trade Center over about $87 million the contractor says it is owed.
A subsidiary of the Canadian construction company Collavino Construction claims that "significant delays due to reasons beyond its control" entitled it to damages totaling that $87 million, according to a report by the Wall Street Journal. But the Port Authority has resisted, countering that the agency is actually the one that has "incurred damages arising out of [construction firm's] involvement in the project," the WSJ said.