Judge Approves Resorts-Marriott Settlement Over Doral Resort
From NASDAQ.com
Judge Approves Resorts-Marriott Settlement Over Doral Resort
A bankruptcy judge on February 21 approved a settlement between the owner of several well-known luxury resorts and Marriott International Inc. over damages that the resorts group must pay to terminate a management agreement with Marriott, as the Paulson & Co.-owned organization prepares to sell one of its most lucrative properties.
Judge Sean H. Lane approved the settlement, which paves the way for a sale of the Doral Golf Resort & Spa in Miami. Click here for the full story.
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