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WEST PALM BEACH HOTEL L.L.C. v. ATLANTA UNDERGROUND, LLC
Case Number:
3:14-cv-01063
Court:
Nature of Suit:
Judge:
Firms
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September 18, 2014
Developer's Hotel Price Raise Wasn't In Bad Faith: Judge
A New Jersey federal judge on Tuesday granted West Palm Beach Hotel LLC's request to boot Atlanta Underground LLC's counterclaims for expectancy damages, finding that West Palm's request for a higher price in a hotel sale did not constitute bad faith.
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April 02, 2014
Developer Can't Be Held To Letter Of Intent In Hotel Sale
A New Jersey federal judge said Wednesday that a developer is not obligated to sell a Florida hotel for $13.75 million after it had later raised the price and the buyer asked the court to enforce the lower price based on a letter of intent the parties signed.