Dayton Arcade: Legal fight with neighbor has caused costly construction delays [Yahoo! Finance]
Fifth Third Bancorp (FITB)
Last fifth third bancorp earnings: 4/21 06:30 am
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Source: Yahoo! Finance
further setbacks because of a legal fight with the owner of an adjacent office building and parking garage. RLR Investments LLC claims the redevelopment of the Arcade led to the improper closure and elimination of a walkway connecting an office building the company owns to its parking garage. The company has asked the courts for relief, claiming its easement rights, plus rights to have the matter handled in court were violated by the removal of the hallway. Representatives of Cross Street Partners, one of the Arcade developers, say they followed the rules of an easement agreement and did nothing wrong. They say the walkway is only closed temporarily and will be far nicer when it reopens. Dave Williams, vice president of development with Cross Street Partners, expressed frustration that RLR took legal action rather than working with the Arcade's ownership and development team to try to address its concerns. He said construction delays could put tax credits and other funding for
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FITB
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- 4/19/24 - Miss
FITB
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- 5/2/24 - Form 4
- 5/1/24 - Form 144
- 4/23/24 - Form 4
- FITB's page on the SEC website