LAWSUITS NEWS & LEGAL INFORMATION
Edison Chouest Offshore
This is a settlement for the Commercial lawsuit.
The Port of Galveston filed a $91 million breach of contract lawsuit in February 2005 against the company. In 2000, Edison Chouest Offshore had signed a lease agreement to build a terminal on Pelican Island to support offshore energy activities. The project, dubbed C-Port Galveston, never started. The Port accused Edison Chouest of reneging on a multimillion dollar lease agreement. Edison Chouest has agreed to pay a $9 million settlement. (Aug-16-06)
[GALVESTON DAILY NEWS]
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