Peckar & Abramson, a top ranked national construction law firm, negotiated a $400 million settlement with the Texas Department of Transportation related to a longstanding dispute over the design of the $1.2 billion New Harbor Bridge that spans the entrance to the Port of Corpus Christi.

The transportation department, commonly referred to as TxDOT, announced an agreement with Flatiron/Dragados LLC, a joint venture formed by Bloomfield, Colorado-based Flatiron Construction Corp. and Dragados S.A. of Madrid, Spain.

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