Ritz Carlton Says Palm Beach Hotel Owner Breached Contract

Law360, Miami (June 11, 2013, 8:40 PM EDT) -- The Ritz-Carlton Hotel Co. LLC said Tuesday it would stop managing its Palm Beach, Fla., property at the end of the month and has filed a multimillion-dollar breach of contract counterclaim against the hotel owner who sued the luxury hotel company for allegedly mismanaging the hotel.

The property owner, RC/PB Inc., said it would take over the hotel July 1 after a Palm Beach court ruled it could do so. The hotel will be renamed the Eau Palm Beach Resort & Spa and will be a...
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