Texas Jury Awards $10M In Developer's Contract Suit

Law360, New York (March 11, 2011, 6:05 PM ET) -- A Texas jury awarded a $10 million verdict Tuesday to a resort development company that had sued a Dallas-based real estate firm for breach of contract and interference with the development of two luxury hotel projects in Mexico's Riviera Maya.

The jury in the District Court of the 116th Judicial District for Dallas County, Texas, found that JMJ Holdings LLC and its owner Timothy Barton had violated a noncompete agreement with Resort Development Latin America Inc. and had breached fiduciary duty by conspiring to interfere with...
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