November 8, 2012
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CDJ STAFF
Phoenix Business Journal reports that court has affirmed the $13.6 million settlement in the Sun City Grand construction defect case. The settlement was the result of arbitration. Del Webb Corp, the home builder, plans on appealing the court ruling, noting that the payout in attorney and expert fees is almost as much as the homeowners are getting. Initially, the homeowners claimed $50 million in damages and were offered $2 million.