Sheraton To Appeal $44M Award In Hotel Contract Fight

Law360, New York (November 23, 2011, 6:49 PM EST) -- Sheraton Operating Corp. plans to appeal a New York state court's ruling hitting the hotel operator with $44 million in damages and interest in a protracted contract dispute with a Florida hotel owner, Sheraton announced Wednesday.

A judge ruled Nov. 21 in favor of Fort Lauderdale, Fla.-based Castillo Grand LLC after the parties had filed competing breach of contract claims in federal and state courts.

Castillo Grand initially filed suit against the Starwood Hotels & Resorts Worldwide Inc. affiliate in 2009 in New York federal court....
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