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Hospitality

  • November 9, 2009

    Six Flags Amended Plan Gives Creditors Better Shake

    Bankrupt Six Flags Inc. has rejigged its Chapter 11 reorganization plan to sweeten the deal for creditors, saying sound management and an economic upturn have given it more latitude with lenders.

  • November 9, 2009

    Q&A With Gray Plant Mooty's Carl Zwisler

    For a lawyer who is supposed to understand the law, providing advice on franchising in China remains a challenge, says Carl E. Zwisler, a principal in Gray Plant Mooty's franchise and distribution practice group.

  • November 6, 2009

    High Court Diversity Case Puts Corporate HQs To Test

    Business leaders are hoping the U.S. Supreme Court will grant companies a measure of control in diversity jurisdiction cases by letting them emphasize the location of their corporate headquarters in tests to determine their “principal place of business.” That seemingly simple phrase is at the core of Hertz Corp. v. Friend.

  • November 6, 2009

    Blackstone Makes $320M Mall Deal With Glimcher

    Private equity firm The Blackstone Group has inked a $320 million deal to acquire stakes in two shopping malls owned by Glimcher Realty Trust.

  • November 5, 2009

    Trump, Ad Hoc Committee Polish Rival Ch. 11 Plans

    After months of bitter rivalry, bankrupt Trump Entertainment Resorts Inc. and a committee of incensed noteholders have readied competing reorganization plans, leaving it for creditors to soon decide the future ownership of the gaming company.

  • November 4, 2009

    EPA Proposes Pesticide Spray Drift Labeling

    The U.S. Environmental Protection Agency on Wednesday proposed new labeling for pesticides that it says will prohibit spray drift that can cause adverse health and environmental effects.

  • November 3, 2009

    Google, Yahoo, Others Sued Over Online Map Patent

    Microsoft Corp., Google Inc. and Yahoo Inc. are among more than a dozen high-profile companies targeted in a patent infringement lawsuit over technology for making interactive maps on the Internet.

  • November 2, 2009

    Starwood Sells Bliss Spas To Steiner For $100M

    Starwood Hotels & Resorts Worldwide Inc. has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Ltd. for $100 million as it shifts to concentrating on its hospitality business.

  • November 2, 2009

    BofA, Others Eye Settlements In SEC Muni Probe

    The U.S. Securities and Exchange Commission is reportedly engaging in settlement talks with several large financial firms, including UBS AG and Bank of America Corp., following a recent crackdown by the agency over bid-rigging in municipal bond sales.

  • November 2, 2009

    5th Circ. Lets Harrah's Off Hook In Casino Antitrust Suit

    A federal appeals court has upheld a lower court's decision to toss Jebaco Inc.'s suit alleging that Harrah's Operating Co. Inc. and Pinnacle Entertainment Inc. conspired to divide and monopolize the Louisiana casino market in violation of federal and state antitrust law.

  • October 30, 2009

    Minsheng, Las Vegas Sands To Hold Hong Kong IPOs

    China Minsheng Banking Corp. Ltd. has announced it will hold an initial public offering on the Stock Exchange of Hong Kong, which will reportedly also see an IPO for gaming company Las Vegas Sands Corp.

  • October 28, 2009

    Starbucks, Ex-VP End Suit Over Move To Dunkin'

    Starbucks Corp. will receive $500,000 as part of a settlement with a former executive it accused of breaching a noncompetition deal by taking a job at coffee competitor Dunkin' Brands Inc., the java giant has announced.

  • October 28, 2009

    GSI To Pay Up To $350M For Rue La La Parent

    Internet retail developer GSI Commerce Inc. has announced plans to add online private sale operator Retail Convergence Inc. — the parent of private sale Web site Rue La La — to its stable, in a deal valued as high as $350 million if post-closing revenue earnouts are reached.

  • October 27, 2009

    Wilsons Leather Owner Files $300M Shelf Registration

    G-III Apparel Group, which operates outlet stores around the country under the Wilsons Leather name, has filed a $300 million mixed shelf registration with the U.S. Securities and Exchange Commission.

  • October 26, 2009

    9th Circ. Lets Sonics Ticket Holders Keep Class Cert.

    A federal appeals court has upheld certification of a class of former Seattle SuperSonics season-ticket holders in a contract lawsuit over the renewal of season tickets when the team was being moved to Oklahoma.

  • October 26, 2009

    Crowell & Moring Gains 29 Lawyers From Folger Levin

    Crowell & Moring LLP has affirmed rumors of its continued westward expansion, announcing on Monday the addition of 29 new attorneys formerly of San Francisco litigation firm Folger Levin & Kahn LLP.

  • October 23, 2009

    Online Catalog Inventor, E-Tailers Settle Patent Spat

    Four online retailers and intervenor Microsoft Corp. have settled claims with a patent holder that accused the firms of infringing three patents relating to Internet catalogs and remote data storage.

  • October 23, 2009

    Managers Eye Conditional Cert. In Enterprise FLSA Suit

    A group of current and former assistant branch rental managers for Enterprise Rent-A-Car Co. Inc. are seeking conditional certification for a proposed collective action accusing the company of failing to pay them overtime.

  • October 23, 2009

    Court Orders Trump To Disclose Casino Investments

    A federal bankruptcy court has ordered Donald Trump and lender Beal Bank to disclose specific details about the stake they hold in bankrupt Trump Entertainment Resorts Inc., in an increasingly contentious battle over the casino company’s restructuring.

  • October 22, 2009

    Judge OKs $336M Settlement Over Credit Card Fees

    A $336 million settlement a class of consumers reached with credit card companies and banks accused of breaching federal and state antitrust laws by colluding to fix foreign currency fees has been granted approval by a federal judge, three years after the defendants put the money away in escrow to repay the plaintiffs.