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Plaintiff Seeks Leave to File Amended Breach of Contract Complaint vs. American Tower

Terra Towers seeks leave to file its first amended complaint for breach of contract against American Tower International, and for “such other relief” as the court deems “just and proper,” said its motion Wednesday (docket 1:23-cv-20009) in U.S. District Court…

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for Southern Florida in Miami. Terra alleges ATI improperly withdrew from an $800 million Latin American wireless project agreement without justification, and that it backed out of a commitment to buy several Terra subsidiaries for $466 million (see 2212160042). The action also involves the alleged breach of a telecom tower development agreement with a Terra affiliate for 958 cellphone towers in Latin America for $328 million. Since the initiation of the action in December, the parties have engaged in dispositive motion practice, said Terra’s motion. It now seeks leave to “refine” its claim that the parties “entered a binding contract,” it said. The amended complaint “establishes those allegations and supports the requested relief of the claim presented,” it said. ATI denies the parties ever had a binding contract.