COLORADO SPRINGS, Colo. - LandCo Equity Partners and the United States Olympic Committee (USOC) announced today that they have resolved all disputes relating to the USOC and LandCo's relationship as part of the project to retain the USOC in Colorado Springs, Colo. Because they resolved these disputes, LandCo dismissed the USOC from its lawsuit captioned LandCo Equity Partners, LLC et. al. v. The City of Colorado Springs, et al., Case No. 09-cv-00692-DME-MEH (the "Lawsuit"), which is pending in the United States District Court for the District of Colorado.
LandCo did not settle its claims against the City of Colorado Springs, Colo., or any of the individuals or entities associated with the City. Although the lawsuit between LandCo and the City continues, the USOC and LandCo hope that a full resolution of all disputes between LandCo and the City can be reached so that the project can be completed for the benefit of the USOC and United States Olympic athletes.
The USOC Communications Division can be reached at (719) 866-4529.
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