Reporter Matt Masich
The big deal was falling through. The $53 million public/private partnership aimed at keeping the U.S. Olympics Committee, or USOC, headquarters in Colorado Springs had broken down. City funding for the headquarters hadn't come in, developer LandCo Equity Partners was running out of money to build it, and the USOC seemed ready to skip town. When LandCo filed a lawsuit against the city and USOC, a lot of people throught the deal had been killed. In fact, just the opposite was true.
"Litigation is usually destructive. Litigation usually takes years,"said Steve Long, who with fellow Polsinelli Shughart partner Reid Page represented LandCo the suit.
Click here to read the article provided to the firm by Law Week Colorado.