Legislature gets involved with Port/YTK dispute - KUAM.com-KUAM News: On Air. Online. On Demand.

Legislature gets involved with Port/YTK dispute

Posted: Updated:

The Guam Legislature is inserting itself into the Port Authority’s legal dispute with YTK Corporation over a $15 million arbitration award.  The Superior Court of Guam has ruled in favor of YTK in its dispute with the port over the 45-year lease of Hotel Wharf, and ordered the port to pay-up.

The Port has appealed the decision to the Guam Supreme Court, and now the legislative legal counsel has filed a “friend of the court” brief.  Transportation committee chairman Senator Frank Aguon made the announcement late Monday.  The brief argues that the arbitration panel cannot waive the legislature’s right of sovereign immunity.

In a statement, Aguon says the judgment has the potential to “kick the door wide open for the government to be sued by anyone.”  YTK has said it tried to settle the long-running dispute with the port, before exercising its contractual right to binding arbitration. 

Legal briefs from the Port and YTK are due in December.

  • NEWS HEADLINESMore>>

  • Lou Leon Guerrero, Ray Tenorio appear at Guam Contractors Association forum

    Lou Leon Guerrero, Ray Tenorio appear at Guam Contractors Association forum

    With less than three weeks left until the general election, the political forums are coming early and often. Wednesday saw two of the gubernatorial teams face off before the Guam Contractors Association. Democrat Lou Leon Guerrero and Republican Ray TenorMore >>
    With less than three weeks left until the general election, the political forums are coming early and often. Wednesday saw two of the gubernatorial teams face off before the Guam Contractors Association. Democrat Lou Leon Guerrero and Republican Ray TenorMore >>
  • Woman robbed in broad daylight in Tumon

    Woman robbed in broad daylight in Tumon

    A woman was robbed in broad daylight while walking in Tumon by the Royal Orchid Hotel. Police spokesperson Paul Tapao says at around 10:30 Monday morning, a man wearing a red shirt and blue shots walked pass the victim and grabbed her purse from behind.More >>
    A woman was robbed in broad daylight while walking in Tumon by the Royal Orchid Hotel. Police spokesperson Paul Tapao says at around 10:30 Monday morning, a man wearing a red shirt and blue shots walked pass the victim and grabbed her purse from behind. More >>
  • Governor says he warned new public auditor about taxes

    Governor says he warned new public auditor about taxes

    The Governor says "I told you so," in response to the public auditor's letter asking him to step in on the collection of new increased taxes on high value property. New Auditor Benjamin Cruz says GovGuam faces a shortfall without it. But the Governor saysMore >>
    The Governor says "I told you so," in response to the public auditor's letter asking him to step in on the collection of new increased taxes on high value property. New Auditor Benjamin Cruz says GovGuam faces a shortfall without it. But the Governor saysMore >>
Powered by Frankly