Marriott Gets $16.5M Judgment Axed In Bahamas Project Row
Law360, Miami (December 16, 2015, 10:22 PM EST) -- Marriott International Inc. escaped a multimillion-dollar verdict Wednesday when a Florida appeals court reversed a lower court's final judgment against the hotel giant, finding a construction company fell short in proving its fraud claims over work on a failed $1 billion Bahamas project.
The Third District Court of Appeal's decision reversed a Miami jury's verdict worth about $16.5 million in compensatory and punitive damages and a subsequent final judgment by the trial judge that upheld that decision.
“After several years of litigation, today’s decision completely vindicates Marriott and we are very pleased with the court’s thoughtful opinion,” Marriot said in a...
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