Hotel Mogul's Son Says Dad's Co. Ditched $100M Philly Project

Law360, Philadelphia (October 23, 2013, 3:53 PM EDT) -- The son of a Vietnamese-American hotel magnate sued the company established by his deceased father in Pennsylvania state court Tuesday, alleging it reneged on an agreement to develop a $100 million Vietnamese cultural center as a joint venture.

Nam Tran claims the Alphonse Hotel Corp., owner of the Carter Hotel in Times Square, has withdrawn support for the south Philadelphia project after years of efforts to secure the proper permitting. Nam’s father, Truong Dinh Tran, was the founder and majority owner of AHC until his death...
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