Host Hotels Asks Texas High Court To Junk $57M Verdict

Law360, Houston (February 4, 2014, 9:12 PM EST) -- A unit of Host Hotels & Resorts Inc. on Tuesday asked the Texas Supreme Court to overturn a $57.3 million jury verdict against it for quashing a land sale, saying the deal would have failed even if the company hadn’t interfered.

Attorneys for HMC Hotel Properties II LP told the high court that although a letter their client had penned objecting to a planned $65 million sale of land underlying the Marriott Rivercenter Hotel in San Antonio, Texas, may have presented an obstacle to closing, the...
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