Citadel Group Ltd. v. Washington Regional Medical Center
Court of Appeals for the Seventh Circuit
1Opinion of the Court
TINDER, Circuit Judge.
This is a diversity case arising from the breakdown of contract negotiations between Citadel Group Limited and Washington Regional Medical Center over the development, construction, and lease-back arrangement of a medical office building. Washington Regional entered into a contract with Citadel to proceed with preconstruction project development, which contemplated the subsequent execution of ground and space leases. Yet, negotiations over the leases proved unfruitful and Washington Regional decided to move forward on construction internally (without an outside…
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