A lawsuit between the partners who developed and built Towne Center is on hold for 45 days, while they attempt to work out a resolution. A press release from Stephen Keller and Everett Jackson says the suit Phil Witter filed in 19th Judicial District Court is on hold. “We are confident that we can resolve our mutual disagreements, settle any misunderstandings, and move forward in agreement,” Keller said in the statement. “Ultimately resolving these issues is in the best interest of our tenants, our customers, the investors and the community at large.” Witter, who sold the property that became the successful mixed-use development, sued Keller and Jackson, charging that they failed to give him information about the finances of the center, offers to buy the property and a share of the operational profits. Keller and Jackson called the suit “frivolous.”
Towne Center suit on hold
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