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Related Industries calls for Colony pay $3.35 million in Texas dispute

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On Might 15, 2019, Rim offered the undertaking to Passco Firms, LLC, which in the end assigned its curiosity to Passco Tribute DST (“Passco”). Passco alleged that in roughly March 2021, it found systemic and remoted design and development defects associated to the constructing envelope, together with water penetration and leaks. On Might 6, 2022, Passco filed go well with towards Rim, Continental, and others within the 73rd Judicial District Courtroom for Bexar County, Texas, asserting claims together with fraud, breach of contract, and conspiracy to defraud. Continental then filed a third-party petition for contribution and indemnity towards sure subcontractors, together with FCL. 



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