DICK CLARK SUES IN MUSEUM FLAP.Byline: Mark Edward Nero Staff Writer Dick Clark
Richard Wagstaff "Dick" Clark (born November 30, 1929) is an Emmy Award-winning American television, radio personality, game show host and businessman, he served as Communications has filed a lawsuit against the operator of the Queen Mary Queen Mary, Queen Marie, or Queen Maria may refer to: Queens Britain England
In the lawsuit, filed earlier this month in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Superior Court, Dick Clark's Delaware-based corporation claims that Queens Seaport Development breached an October 1999 agreement to develop and maintain Dick Clark's Great American Music Experience museum. Nearby shops, restaurants and attractions were to be developed and the Queen Mary Hotel was to be refurbished as part of the $150 million project. Under terms of the agreement, Queens Seaport Development was to build and run the museum, and Dick Clark Communications was to receive $15,000 in monthly consulting fees for the duration of the seven-year contract and a guaranteed minimum payment of $2.6 million. The lawsuit alleges that Queens Seaport Development defaulted on the monthly payments. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the suit, the Queens Seaport Development president and chief executive officer, Joseph Prevratil, acknowledged in July last year that his company hadn't obtained the necessary financing to build the facility. Prevratil declined to comment, saying he has yet to see the lawsuit. Dick Clark Communications is seeking $2.8 million in general damages general damages n. monetary recovery (money won) in a lawsuit for injuries suffered (such as pain, suffering, inability to perform certain functions) or breach of contract for which there is no exact dollar value which can be calculated. , plus interest, and $10 million in punitive damages Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer. . |
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