Tuesday, October 27, 2015

Judge Orders OU Stadium Expansion to Stop Immediately

A Cleveland County district judge on Tuesday upheld a temporary injunction to stop renovations at Gaylord Family — Oklahoma Memorial Stadium over a dispute regarding the contract to provide steel and concrete panels.

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)



RELATED:
Lawsuit Could Halt Stadium Expansion Project
Judge's Decision Could Threaten Completion Date Of Stadium Upgrades

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