A Texas-based real estate developer is on the hook for a nearly $17 million verdict after a jury determined it unlawfully delayed and interfered with a construction project in Columbia, Maryland, over a six-year period.
The Howard Research and Development Corp., a subsidiary of Howard Hughes Corp., will pay nearly $17 million in compensatory damages after a jury unanimously determined it kept IMH Columbia from developing a six-acre lakefront site on Lake Kittamaqundi. The verdict came after a five-day trial in Maryland’s Howard County Circuit Court last month after nearly two years of ongoing litigation.
