A Financial Risk for Owners: Not obtaining promised LEED certification

In a counter complaint in Southern Builders Inc. v. Shaw Development L.L.C. , which was filed in state court in Princess Ann Md. in 2009, the property owner charges that it had lost a $635,000 tax credit because the builder failed to achieve a silver LEED certification. The case was settled out of court for an undisclosed amount. Read the counter complaint.