DDR Escapes Most of Coventry's $500M Mall Suit

Law360, New York (April 19, 2013, 6:49 PM EDT) -- Shopping center owner DDR Corp. on Friday dodged most claims from real estate investment manager Coventry Real Estate Advisors LLC’s $500 million suit over a soured joint venture when a New York state judge ruled certain claims are barred by a previous ruling in a related dispute.

Judge Shirley Werner Kornreich largely granted DDR’s summary judgment bid, tossing all claims except those alleging DDR breached management and leasing agreements, and finding that a ruling in favor of DDR in a similar dispute involving Coventry, which played...
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