October 26, 2012
FOR IMMEDIATE RELEASE
CONTACT: Dennis O’Shea
443-287-9960 (o), 410-499-7460 (c)
On Oct. 26, Judge Ronald B. Rubin of Montgomery County Circuit Court ruled in favor of The Johns Hopkins University’s motion for summary judgment in litigation filed against the university by Timothy Newell and others regarding the Johns Hopkins Belward Research Park. University spokesman Dennis O’Shea released the following statement.
“Johns Hopkins is, and always will be, grateful to Miss Banks and her relatives for the gift of their property. We have lived up to, and will always live up to, our agreement with them.
“We will need time to fully assess the judge’s decision. But, obviously, we are greatly pleased with his ruling that the university’s agreement with the Banks family is clear and unambiguous. Our focus now will be on proceeding, over time, with development of the Belward Research Campus. We will proceed in a responsible manner, in consultation with the community and in support of Montgomery County’s vision for its economic development.”