November 22, 2024 7:37 am
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Company sues Johnson Utilities over failed land deal

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By Kevin Reagan | San Tan Valley Sentinel

A company is faulting Johnson Utilities’ poor water service as the cause for its inability to sell property to homebuilders in Pinal County, according to a civil complaint filed in court last week.

CMG 900, a company based in Delaware, is seeking up to $21 million in damages from the embattled utility company after another company pulled out of a land-buy deal earlier this year.

According to the lawsuit filed Friday, Starlight Homes agreed to buy some residential lots in Pinal County owned by CMG for $19 million. But after the homebuilders found out about Johnson’s water and wastewater problems in the area, the plaintiff claims the deal was withdrawn.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.