January 2023 view of a section of the new Port of Corpus Christi replacement bridge, with the old bridge seen in the distance. Credit: Google $400M Settlement Means 'Everyone Wins,' According to Counsel
"This could've been an incredible lawbook study on how construction projects go into prolonged litigation. Even though the dispute board would have made a determination, it would've been appealed," Robert Peckar of Peckar & Abramson said.
October 18, 2023 at 03:40 PM
5 minute read
Construction
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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