OAKLAND, Calif. - Oakland might have to pay at least $230 million as a result of a federal judge's finding that the city directly prevented a company from developing a coal terminal, forcing it into bankruptcy.
Bankruptcy judges rules for companies
The 47-page ruling was issued Tuesday by Western District of Kentucky U.S. Bankruptcy Judge Joan Lloyd, in favor of a company called Insight Terminal Solutions, or ITS, vs. Oakland.
Lloyd found that Oakland "tortiously interfered" with ITS, which subleased from Oakland Bulk and Oversized Terminal, whose main developer is Phil Tagami, when it stopped these companies from constructing a terminal that would have shipped coal overseas.
The judge specifically called out former Oakland Mayor Libby Schaaf and former City Councilmember Dan Kalb

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