[QUOTE=manaboutown;920005]Looks like someone read the writing on the wall. I had to chuckle when I read the news. The rational given was 'interest rates are low now'. Well, they were substantially lower than they are now a couple of years ago yet no action was taken then!
All in all it is a good business decision IMO, getting the issue resolved and moving on.
How much has been spent on legal fees so far?[QUOTE]
Last I heard, we (the residents) have spent over $700,000 for the developer's law suit.