Le Lézard
Classified in: Tourism and vacations
Subject: LAW

Greenspoon Marder Secures Arbitration Award of $2.8 Million on Behalf of Client Westgate Resorts

LAS VEGAS, Jan. 3, 2018 /PRNewswire/ -- A Greenspoon Marder team secured an arbitration award of $2.8 million for Westgate Resorts in an arbitration matter styled, NAV-LVH, LLC v. Exhibit A Circle, LLC finding that Exhibit A Circle materially breached an agreement.

In 2014, NAV-LVH, LLC d/b/a Westgate Las Vegas Resort and Casino signed an 10-year agreement with Exhibit A Circle, LLC to host an Elvis Presley exhibit and show titled, "Graceland Presents Elvis: The Exhibition ? The Show ? The Experience." However, Exhibit A Circle defaulted under the agreement and Westgate was forced to close the show and exhibit within a year. The Greenspoon Marder team was able to recover damages on behalf of Westgate in the amount of $2.2 million to recoup construction costs for the exhibition build-out from Exhibit A Circle, plus interest and attorneys' fees, amounting to a total award of $2.8 million.

"We are proud to be represented by Greenspoon Marder, one of the preeminent law firms in the country," said Mark Waltrip, Chief Operating Officer, Westgate Resorts. "They exhibited the utmost of preparation and professionalism throughout this case."

The Greenspoon team representing Westgate and Elvis Presley Enterprises consisted of Shareholders Michael E. Marder and Kathryn G. Saft and Senior Counsel Phillip Silvestri.

About Greenspoon Marder

Greenspoon Marder is committed to providing excellent client service through our cross-disciplinary, client-team approach. Our goal is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. Since our inception in 1981, Greenspoon Marder has become a full-service, Am Law 200 and NLJ 500 ranked law firm with more than 200 attorneys.  We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs across Florida and the United States. For more information, visit www.gmlaw.com.

SOURCE Greenspoon Marder

These press releases may also interest you

at 05:21
From March 7 to 11, 2018, the annual ITB Berlin was successfully concluded in the Messe Berlin of Germany. As one of the largest comprehensive tourism enterprise groups in China, after the debut with its major brands in the trade show last year, Jin...

19 mar 2018
Royal Caribbean Cruises Ltd. and Ctrip announced today that they are ending the SkySea Cruise Line joint venture. TUI AG's Marella Cruises has agreed to purchase Golden Era, with delivery expected in December, 2018. As a result of this transaction,...

19 mar 2018
In celebration of Buddha's birthday, the annual Lantern Festival, or Yeondeunghoe, is scheduled to be held this coming May in downtown Seoul, South Korea. The Festival is not only the biggest one of its kind in the world, but also one of the "world's...

19 mar 2018
The world's largest festival of light, music and ideas, Vivid Sydney returns in 2018 with a spectacular new precinct at Luna Park,...

19 mar 2018
UNITED STATES DISTRICT COURT, DISTRICT OF CONNECTICUT issues several criminal indictments for multiple violations of federal law and conspiracy. Several guilty pleas have been obtained. South Atlantic Regional Center ("SARC"), Mr. Joseph Walsh, and...

19 mar 2018
Gaming Laboratories International (GLI®) is pleased to announce that it has named veteran gaming executive Raul Bouchot Senior Client Services Representative. In joining GLI's growing Client Service team, Bouchot will play a key role in providing...

News published on 3 january 2018 at 11:03 and distributed by: