Hard Rock Condotel Owners' Disclosure Suit Whittled Down

Law360, New York (May 3, 2012, 7:44 PM EDT) -- A suit lodged by owners of condo-hotel units in a Hard Rock Cafe International USA Inc. venture was whittled down on Wednesday by a California judge, but lives on with claims that the independent developer violated state laws by failing to disclose that purchase contracts could be rescinded for two years.

Granting in part and denying in part a motion to dismiss, the judge threw out claims that developer Tarsadia Hotels and broker Playground Destination Properties Inc. violated California's Subdivided Lands Act by not disclosing the...
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