• October 18, 2019

Tutor-Saliba Prevails in Westgate Planet Hollywood Case - Odessa American: Business

e-Edition Subscribe

Tutor-Saliba Prevails in Westgate Planet Hollywood Case

Print
Font Size:
Default font size
Larger font size

Posted: Friday, October 4, 2019 11:31 am

LOS ANGELES--(BUSINESS WIRE)--Oct 4, 2019--

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Tutor-Saliba Corporation, has received a favorable decision by the Nevada Supreme Court in the Westgate Planet Hollywood Las Vegas (“Westgate”) case. The Nevada Supreme Court affirmed in the Company’s favor, with only minor adjustments, the trial court’s previous rulings awarding certain attorney’s fees and interest to the Company that had been appealed by Westgate. As a result of this ruling, the Company will retain amounts previously awarded and paid by Westgate, and can now apply to the trial court for a further award of approximately $4 million. Previously, the Company disclosed that it received a favorable ruling by the Nevada Supreme Court, had already collected more than $16 million in 2017 for related issues in this matter and would continue to seek the remaining interest and fees.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191004005420/en/

CONTACT: Tutor Perini Corporation

Jorge Casado, 818-362-8391

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEVADA

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY URBAN PLANNING

SOURCE: Tutor Perini Corporation

Copyright Business Wire 2019.

PUB: 10/04/2019 12:31 PM/DISC: 10/04/2019 12:31 PM

http://www.businesswire.com/news/home/20191004005420/en

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Clear
64°
Humidity: 59%
Winds: S at 15mph
Feels Like: 62°

Your Extended Forecast

Tomorrow

weather
High 83°/Low 56°
A few clouds. Lows overnight in the mid 50s.

friday

weather
High 87°/Low 54°
Sunshine. Highs in the upper 80s and lows in the mid 50s.

saturday

weather
High 80°/Low 54°
Abundant sunshine. Highs in the low 80s and lows in the mid 50s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.