{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-003120","form_type":"8-K","ticker":"SLND","cik":"0001883814","company_name":"Southland Holdings, Inc.","filed_at":"2026-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.235324+00:00","generated_at":"2026-05-15T07:52:49.674036+00:00","sec_items":["1.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southland subsidiary settles WA convention center lawsuit; sureties to pay additional $26.5M","bullets":["American Bridge resolves litigation over Washington State Convention Center expansion project.","Sureties previously paid $57.8M on $57.1M Merits Judgment against American Bridge.","Settlement requires sureties to pay another $26.5M ($25.5M costs/fees + $1M sanctions).","American Bridge is appealing the sanctions order; rights are reserved under the agreement.","Repayment terms with sureties being negotiated; forbearance on repayment until March 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-003120","json":"https://secwatch.observer/filing/0001829126-26-003120.json","markdown":"https://secwatch.observer/filing/0001829126-26-003120.md","text":"https://secwatch.observer/filing/0001829126-26-003120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883814/000182912626003120/0001829126-26-003120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883814/000182912626003120/southland_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:52:49.674036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d790ed0089a8863350d1b330e56fa86f05880c3e","claim":"Southland Holdings, Inc. entered into Settlement Agreement and Release of Claims with Clark/Lewis, a Joint Venture valued at Settlement resolves litigation; additional payment of approximately $26.5 million to Clark/Lewis. (effective 2026-03-27).","evidence_excerpt":"On March 27, 2026, American Bridge Company (“American Bridge”), a wholly owned subsidiary of Southland Holdings, Inc. (the “Company”), entered into a Settlement Agreement and Release of Claims (the “Settlement Agreement”) with Clark/Lewis, a Joint Venture (“Clark/Lewis”), certain sureties of American Bridge (the “Sureties”), the Washington State Convention Center (“WSCC”), and American Bridge’s litigation counsel.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1883814/000182912626003120/0001829126-26-003120-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Clark/Lewis, a Joint Venture"},{"label":"Value","value":"Settlement resolves litigation; additional payment of approximately $26.5 million to Clark/Lewis."},{"label":"Effective","value":"2026-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}