Hilton, MSR Begin Trial Over Luxury Resort Management

Law360, New York (June 29, 2012, 3:31 PM EDT) -- Trial began in New York bankruptcy court Friday to determine whether bankrupt MSR Resort Golf Course LLC can cancel management agreements on three resorts operated by Hilton Worldwide Inc., who says its standing in the luxury market would be damaged by the termination.

Hilton kicked off the trial before U.S. Bankruptcy Judge Sean Lane by calling the president of brand services for Hilton, Paul Brown, who said losing management over the three luxury properties — the Grand Wailea Resort Hotel & Spa in Maui, the La...
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