Anchorage settles with 2nd contractor in lawsuit over port expansion

Alaska Dispatch News
By: Alex DeMarban

A second contractor has settled with the city in a lawsuit over the bungled Port of Anchorage expansion, with general contractor Quality Asphalt Paving agreeing to pay just over $5.1 million to end its financial liability in the case.

On Monday, U.S. District Judge Sharon Gleason ordered the company released from liability in the city's sprawling lawsuit against multiple contractors involved in a failed project that ultimately cost more than $300 million.

Read the Full Story Here:
http://www.adn.com/business-economy/2016/10/18/city-settles-with-second-contractor-in-lawsuit-over-port-expansion/