Ship breaker settles suit

December 29, 2007|By Tricia Bishop | 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.

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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