Prior Case Can't Bar New $400M Philly Hotel Suit: Investors

Law360, Philadelphia (September 13, 2013, 4:46 PM EDT) -- The court-appointed receiver for a group of investors who claim they were squeezed out of a $400 million hotel project in downtown Philadelphia told a state judge last Monday that a prior lawsuit in the dispute did not block them from bringing new claims against a former partner.

In a filing in the Philadelphia County Court of Common Pleas, Mariner Chestnut Partners LP receiver David Lamm argued that a prior lawsuit seeking dissolution of the partnership did not bar him from litigating a new complaint alleging...
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