Hotel Group To Get Early Contract Ruling In €93M Apollo Suit

Law360, London (October 23, 2020, 5:26 PM BST) -- A judge agreed on Friday to settle some contract disputes early in a lawsuit brought by a Spanish hotel group against Apollo Capital Management over a stalled €93 million ($110 million) resort deal, but warned that the result might mean an early demise for the hotelier's case.

Judge David Foxton said at the High Court that none of the contract matters up for early determination would result in an early win for Lopesan Touristik SA. But he warned that a decision could potentially hand a win to the the U.S. investment giant.

The judge compared the situation to a line in...

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