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Ship breaker settles suit

December 29, 2007|By Tricia Bishop , Sun reporter

A civil court case filed last month in U.S. District Court in Baltimore - alleging racketeering by Sparrows Point shipyard owner Vincent F. Barletta and others - has been settled for an undisclosed amount, according to the plaintiff's attorney.

The suit was filed by ship-breaking company Clean Venture Inc., which had won a $750,000 judgment earlier from the North American Ship Recycling company, or NASR, where Barletta was a vice president.

NASR disappeared from its Sparrows Point location before the judgment - money owed for contracting work - was paid, leading Clean Venture to sue Barletta along with his brother, their attorney, multiple colleagues and affiliated businesses.

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Clean Venture's attorney, J. Stephen Simms, said the terms of the settlement are confidential.

Neither Barletta nor his attorney could be reached yesterday.

tricia.bishop@baltsun.com

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