July 24, 2009
This morning, SMU reached settlement agreements with Dr. Robert Tafel and Attorney Gary Vodicka in their lawsuits against the University regarding an interest they had claimed in the University Gardens condominiums. The agreements did not make determination as to liability, and the University continues to maintain that it followed proper procedures in acquiring title to University Gardens. The terms of the settlement agreements are confidential.
SMU is satisfied to have reached a resolution in this matter and will move forward with the development of what was formerly University Gardens property.