Forum-shopped judge issues ruling in Kentucky … judicial review to follow

A bankruptcy court judge in Kentucky ruled on October 27, 2025 that the City of Oakland caused damages, in an amount yet to be determined, to Insight Terminal Solutions (ITS) when it canceled developer Phil Tagami’s lease on a parcel of West Oakland waterfront.  United States Bankruptcy Judge Joan Lloyd will hold a status conference on December 2, 2025, to discuss “remaining issues regarding the appropriate damage award.”  ITS has a sublease on 19 acres that it obtained from Tagami with a $6 million payment in 2018. Just weeks after the sublease was signed, the City cancelled Tagami’s master lease for failure to get construction ...