San Fran Based Swinerton Builder’s Settles Oregon CD Lawsuit for 42 Million

Settlement reached in $42 million construction defect case

Written on July 24, 2010

A confidential settlement has been reached in what may be the largest construction defect lawsuit in Oregon history.
The case was filed Aug. 8, 2008 in Multnomah County Circuit Court by Wyndham Resort Development Corp. and The Resort at Seaside Condominium Association against Swinerton Builders, a San Francisco-based general contractor.
The roughly $42 million lawsuit accused Swinerton — which was operating in Oregon as Swinerton Builders of Oregon — of breach of contract, negligence and breach of warranty for construction defects at The Resort at Seaside, an eight-story, 414,970-square-foot beachfront condominium completed in 2003.

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