When one of the largest independent power producers in the U.S. was threatened with litigation and the loss of a $7 million investment, it called Beveridge & Diamond, P.C.
A single owner sought to rescind his agreement to option property for the development of a 540-megawatt power plant — an act that would chew a significant hole in the site plan. Four years into the administrative process and environmental approvals, losing this five-acre parcel of land could change everything.
Beveridge & Diamond immediately moved to dismiss a variety of issues, including allegations that misrepresentations were used to induce the plaintiff into the agreement.
Beveridge & Diamond produced evidence that there was no misrepresentation and that the developer had offered the owner three times what his property was worth. We forced expedited review in court to help avoid litigation that could lead to expensive delays and damaging press.
Over the years, Beveridge & Diamond attorneys have represented public and private agencies, developers, and state DOTs, advising on such issues as environmental permits, endangered species, and land exchange.
Major developers call us before they invest. We have saved our clients hundreds of millions of dollars by avoiding or defending against frivolous, opportunistic, or unfounded litigation.