Legal Aspects of Damages Writ in City Tower Fiasco
The article “Damages Writ in City Tower Fiasco” by Kim Macdonald dwells upon the court trial between Salta Constructions (who demands to cover the expenses it suffered from after the building has been stopped) and Luke Saraceni’s Westgem Investments (who states that they always wanted to invest in the project but their opponents searched for the reasons to stop work illegally and make them change some points they have never been agreed to).
This area of law is touched because the court trial is provided among two organizations, and their dispute is based on civil situations, not criminal. Salta Constructions wants to make Luke Saraceni’s Westgem Investments pay for the change in the cost of works.
Salta Constructions states that the works were abruptly halted in February 2010 because some information in the contract had to be specified. Thus, contract law is involved in the situation. Mr. Saraceni quoted in the report that they have never approved the changes which Salta Constructions wanted to make and demanded money for.
Corporate law is touched on in the case as two corporations are involved in the trial. Corporate financial and property relations are considered.
The property law is involved as well, as there are the points in the writ which deal with the equipment and the place where this property had to be kept.