Chubb Off Hook For Starwood's $10M Defense Bill

Law360, New York (September 18, 2012, 6:02 PM EDT) -- A Chubb Corp. affiliate doesn't have to help Starwood Hotels & Resorts Worldwide Inc. pay the $10 million in defense costs it racked up in a lawsuit over a Florida hotel's construction cost overruns, a New York state appeals court ruled Tuesday in overturning a lower court's decision.

In an August 2011 ruling, lower court Judge Eileen Bransten had found that an October 2005 letter from Florida hotel developer Castillo Grand LLC, which demanded reimbursement from Starwood for $18 million in cost overruns on a hotel...
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