The firm settled subcontractor liens following the bankruptcy, but the project contractor says the Beijing-based developer, Oceanwide Holdings, which ran out of money in 2021, still owes it millions more.
October 6, 2025
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Richard Korman - Engineering News-Record
Six years after a bankrupt developer stranded its partly finished residential-retail complex in Los Angeles, construction manager Lendlease faces a possible state court order this month to pay more than $20 million for attorneys' fees and court costs sought by the project's main lender.
Mr. Korman may be contacted at kormanr@enr.com