$57.3M Hotel Sale Dispute Heads To Texas High Court

Law360, Dallas (December 13, 2013, 8:09 PM EST) -- The Texas Supreme Court on Friday changed course and agreed to hear a Host Hotels & Resorts Inc. subsidiary’s challenge to a $57.3 million contractual interference verdict, about six months after initially rejecting a petition for review.

In February, the court will hear argument from Host subsidiary HMC Hotel Properties II LP that an appellate court erred by reinstating a jury’s $7.5 million punitive damages award after it found HMC maliciously interfered with a planned $65 million property sale for land underlying the popular Rivercenter Mall...
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