Hilton Can't Shake US Bank's Suit To Keep Hotel Franchise

Law360, New York (December 5, 2011, 6:58 PM EST) -- A Louisiana federal judge on Monday let U.S. Bank NA continue with its suit to keep the Hilton name on a multimillion-dollar hotel it obtained in foreclosure but denied the bank a preliminary injunction to stop Hilton Worldwide Inc. from terminating its franchise agreement.

At a hearing, U.S. District Judge Kurt Engelhardt denied both Hilton’s bid to dismiss U.S. Bank’s lawsuit and the bank’s request, as trustee for an $8.7 million loan, for a preliminary injunction barring Hilton from nixing the franchise contract. The court granted...
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