Investor Row Over $400M Philly Hotel Project To Advance

Law360, Philadelphia (April 15, 2013, 12:32 PM EDT) -- A Pennsylvania state judge on Monday allowed a suit accusing a Philadelphia investor of squeezing his former partners out of a $400 million hotel development project to advance, rejecting the investor’s request for a stay while he pursues a related appeal.

Philadelphia Court of Common Pleas Judge Gary Glazer concluded that discovery should begin in the lawsuit, in which Mariner Chestnut Partners LP contends Brook Lenfest schemed to auction to himself a vacant lot owned by the group while failing to disclose that he had already...
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