GrayRobinson Obtains Dismissal of Complaint for Tampa Port Authority in Channelside Matter

GrayRobinson Shareholders David S. Hendrix and Jason Burnett successfully obtained dismissal of a complaint filed by Liberty Channelside LLC against the Tampa Port Authority and the Irish Bank Resolution Corp. GrayRobinson filed a Motion to Dismiss in response to the Complaint, and was able to secure a ruling from U.S. Bankruptcy Court Judge Christopher Sontchi dismissing all four counts in Liberty’s complaint, which were an attempt by Liberty to assert control over Channelside Bay Plaza, a retail center which was built on land owned by the Tampa Port Authority and subject to a ground lease requiring a first-class specialty retail center.  The judge dismissed three of the four counts with prejudice, preventing Liberty Channelside, LLC from being able to refile or amend its complaint on these matters.  The fourth count, not related to control of the lease, was dismissed without prejudice.  The successful dismissal of the complaints allow GrayRobinson's client, the Tampa Port Authority, to move forward in efforts to bring about the full potential of Channelside for the benefit and enjoyment of all of Tampa Bay.  To read more, click here