Monday, June 28, 2010

Nothing new to report on buyout discussions

Approaching the July 4 holiday, we are somewhat surprised that the news flow has been dead quiet regarding the Department of Navy's impending buyout of Laurelwood Homes, LLC, considering the parties are near (or past) a supposed 60-day deadline to settle after owner Teri Fischer lodged a complaint with the DoN's contracting officer; in essence, a technical maneuver to expedite a settlement. 

NOPE has yet to hear anything about the talks, but will continue to track back with our legislators to see whether they have any new information for us, so please stay tuned.