Battaglia, Ross, Dicus & McQuaid, P.A. announces a significant 3.1 million dollar verdict achieved by Howard P. Ross, ESQ., B.C.S. this week against the City of St. Petersburg.
Howard Ross Wins Over $3 Million Verdict Against the City of St Petersburg
Howard Ross Wins Over $3 Million Verdict Against the City of St Petersburg
ST. PETERSBURG, Fla., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Battaglia, Ross, Dicus & McQuaid, P.A. announces a significant 3.1 million dollar verdict achieved by Howard P. Ross, ESQ., B.C.S. this week against the City of St. Petersburg. This case involved development rights to an important commercial property in Midtown St. Petersburg that TLM Investment Group I, LLC had leased. The commercial property was earmarked for the establishment of businesses that could have provided jobs and important services to underserved citizens of St. Petersburg. After TLM started the "initial construction", the City Administration decided that that construction was not sufficient and terminated the Lease and commenced legal proceedings to remove TLM from the commercial property. This is after the TLM had invested significant sums of time and money toward the redevelopment of the parcel. TLM brought a countersuit against the City of St. Petersburg alleging unfair treatment and wrongful termination of a lease. In an initial ruling in April 2020, the judge agreed with TLM that "initial construction" did commence on time and the case proceeded to determine the damages...
Read Full Story: https://finance.yahoo.com/news/howard-ross-wins-over-3-190000006.html
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