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REVISED SETTLEMENT IN BANNEKER CASE

April 20, 2011

The D.C. Council is no longer trying to intervene in a lawsuit between the District and Banneker Ventures, citing a revised settlement agreement that preserves the city's ability to pursue other claims against Banneker. The District agreed to pay Banneker $550,000 in that settlement that was reached in July and prevented the D.C. from reclaiming millions of dollars in payments and from suing the ...



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