Builders sue college over £8m student rent pledge – Edinburgh
Telford College is being sued by the construction firm which built its new student accommodation over an £8 million pledge to make up any shortfall in rents.
College bosses signed an agreement promising Alumno Miller Telford Ltd an annual income of around £500,000 a year as part of the deal to fund the accommodation block on West Granton Road.
But the builders took court action after new members of the college board sought to have the agreement annulled …