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Universal's Epic Universe News & General Discussion

Alicia

Premium Member
Jul 17, 2014
11,389
Orlando

JoeCamel

Premium Member
May 20, 2015
6,423
Upper Lower
I guess I don’t understand how this is illegal. Is it a dick move? Sure.
They say it was under contract and in the due diligence period. If the seller pulled it that would be a breach of contract but how that is Universal's fault and not Stan's I have no idea.
They are claiming they were first and Universal backdoored the deal so they could buy. I doubt it sees much beyond discovery but maybe a real attorney could drop an opinion
 

fryoj

Premium Member
May 19, 2013
3,241
Given the timetable and Gabrielle's description of the land, I believe this is a parcel to the west of the Epic Universe theme park site, along Universal Blvd, and not where they are currently building anything. So, even if the land is held up in a legal dispute, it probably wasn't going to be developed on for awhile anyway.
I think it's the red marked land in the images. 135 acres would be much more than just the stuff on the West side. A lot is not really desireable. Road right of ways and wetlands.

I'm guessing 4th watch was already backing out, but the contract hadn't actually expired. This may come down to a documentation issue. But to sue Universal, they'd have to have proof of collusion. Universal didn't have a contract with 4th Watch to break. Thomas would be the party they'd have to go after.


1649723529367.png
 
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Nico

Premium Member
Jan 30, 2013
931
They say it was under contract and in the due diligence period. If the seller pulled it that would be a breach of contract but how that is Universal's fault and not Stan's I have no idea.
They are claiming they were first and Universal backdoored the deal so they could buy. I doubt it sees much beyond discovery but maybe a real attorney could drop an opinion
Thank you! This was helpful
 

Nico

Premium Member
Jan 30, 2013
931
Not having read the case, I can only speculate some sort of tortious interference with contract theory. But I imagine @OrlandoGuy has it right, Universal has a lot more money (and motivation to make this go away quickly).
Which Im guessing is Fourth Watch’s ultimate goal. Construction is amping up and there is more buzz about EU coming. It’s a good time to strike. Especially if the land being disputed is necessary for parcel drainage and phase 2.
 
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tommyhawkins

Rookie
Apr 27, 2021
167
I think it's the red marked land in the images. 135 acres would be much more than just the stuff on the West side. A lot is not really desireable. Road right of ways and wetlands.

I'm guessing 4th watch was already backing out, but the contract hadn't actually expired. This may come down to a documentation issue. But to sue Universal, they'd have to have proof of collusion. Universal didn't have a contract with 4th Watch to break. Thomas would be the party they'd have to go after.


View attachment 16170
I think it's the red marked land in the images. 135 acres would be much more than just the stuff on the West side. A lot is not really desireable. Road right of ways and wetlands.

I'm guessing 4th watch was already backing out, but the contract hadn't actually expired. This may come down to a documentation issue. But to sue Universal, they'd have to have proof of collusion. Universal didn't have a contract with 4th Watch to break. Thomas would be the party they'd have to go after.


View attachment 16170


No it's exactly where Alicia said and most of the other land is Wetland of utility easements
 

Happytycho

Contributing Member
Mar 1, 2017
745
I think it's the red marked land in the images. 135 acres would be much more than just the stuff on the West side. A lot is not really desireable. Road right of ways and wetlands.

I'm guessing 4th watch was already backing out, but the contract hadn't actually expired. This may come down to a documentation issue. But to sue Universal, they'd have to have proof of collusion. Universal didn't have a contract with 4th Watch to break. Thomas would be the party they'd have to go after.


View attachment 16170
The land in question is the red area on the west side within the region largely bordered by Universal Blvd, Lockheed, and the Kirkman extension.

Fourth Watch is making a specific claim that Universal knew the land was under contract well in advance of Universal's purchase, and conspired with Thomas to buy the land from him anyway. I'm not a lawyer, so I have no clue whether that argument can actually create any liability for Universal.

It does seem like Fourth Watch might at least have a decent case against Thomas, although it's somewhat hard to take seriously an entity whose supposed plan was to build a 700 foot tall, half-mile long indoor ski slope.
 

JoeCamel

Premium Member
May 20, 2015
6,423
Upper Lower
The land in question is the red area on the west side within the region largely bordered by Universal Blvd, Lockheed, and the Kirkman extension.

Fourth Watch is making a specific claim that Universal knew the land was under contract well in advance of Universal's purchase, and conspired with Thomas to buy the land from him anyway. I'm not a lawyer, so I have no clue whether that argument can actually create any liability for Universal.

It does seem like Fourth Watch might at least have a decent case against Thomas, although it's somewhat hard to take seriously an entity whose supposed plan was to build a 700 foot tall, half-mile long indoor ski slope.
Plus that well ran dry a long time ago. Universal is the only one with money here.
 

fryoj

Premium Member
May 19, 2013
3,241
No it's exactly where Alicia said and most of the other land is Wetland of utility easements

Universal bought 37 acres of that land on the West side of Lockheed in 2015(the blue plots in the earlier pic), so those couldn't have been under contract with 4th Watch in 2017. That only leaves ~50 acres in that area and that includes the large pond/wetlands south of Lockheed. So if 4th Watch had 135 acres under contract, it was probably all of the red areas in that pic on the around the South side of Lockheed.
 

Happytycho

Contributing Member
Mar 1, 2017
745

Universal bought 37 acres of that land on the West side of Lockheed in 2015(the blue plots in the earlier pic), so those couldn't have been under contract with 4th Watch in 2017. That only leaves ~50 acres in that area and that includes the large pond/wetlands south of Lockheed. So if 4th Watch had 135 acres under contract, it was probably all of the red areas in that pic on the around the South side of Lockheed.
No need for a 'probably' - that's exactly what it was.
 

SeventyOne

V.I.P.
Jul 1, 2010
3,240
Orlando
Fourth Watch is making a specific claim that Universal knew the land was under contract well in advance of Universal's purchase, and conspired with Thomas to buy the land from him anyway. I'm not a lawyer, so I have no clue whether that argument can actually create any liability for Universal.
That's what I suspected. Tortious interference isn't a particularly common lawsuit, but it's definitely a thing: Tortious interference - Wikipedia
No idea if this has any merit until I read the actual complaint, but I don't see myself doing that.

So just looked up the history of both groups and the whole thing looks fishy to me.
I for one am shocked--SHOCKED!--real estate developers in Florida might be sketch.
 

tommyhawkins

Rookie
Apr 27, 2021
167

Universal bought 37 acres of that land on the West side of Lockheed in 2015(the blue plots in the earlier pic), so those couldn't have been under contract with 4th Watch in 2017. That only leaves ~50 acres in that area and that includes the large pond/wetlands south of Lockheed. So if 4th Watch had 135 acres under contract, it was probably all of the red areas in that pic on the around the South side of Lockheed.
only about 40 of those acres are usuable, with ten of those in the area next to 913