Thad Balkman ruled in favor of HME Inc., a Kansas corporation that sued OU, contending it awarded the steel contract to Oklahoma-based W&W Steel in violation of state law.
OU asked HME to post a $35 million bond to cover any potential damages incurred by the construction delays, but Balkman ordered a bond of $178,700 instead, calling OU’s request “far beyond the reasonable scope of damages defendant OU may suffer from stopping or not beginning construction on the project.” (Much more at The Oklahoman)
Lawsuit Could Halt Stadium Expansion Project
Judge's Decision Could Threaten Completion Date Of Stadium Upgrades
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