A jury has resolved a significant legal battle surrounding the $2 billion Ritz-Carlton, Paradise Valley. The case, which has dragged on since 2021, pitted Scottsdale-based Five Star Development against Las Vegas-based PWI Construction Inc., the project’s former general contractor.
The legal dispute centered around payment issues, construction delays, and contract disagreements. The outcome may signal a turning point for the luxury development, which has faced years of delays and financial challenges.With this verdict, Five Star can focus on completing the long-delayed project.
Source: https://williamsluxuryhomes.com/jury-developer-ritz-carlton-paradise-valley/