PHOENIX-After nearly three years, Gray Development Group’slawsuit against Northeast Phoenix Partners has concluded with aMaricopa County jury awarding Gray Development a judgment of $110.6million.

NPP's leadership is closely related to executives withChicago-based Klutznick Co. A number of Klutznick executives areinvolved in NPP in various ways.

While NPP will likely pay a portion of the settlement incash, the company’s biggest asset is a 120-acre parcel in the5,700-acre Desert Ridge master-planned community, and GrayDevelopment plans to take control of that parcel, according toMichael Kibler, an attorney with Simpson Thacher & Bartlett. Herepresented Gray Development and tried the case with his partnerBarry Ostrager.

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