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GREENSPOON MARDER SECURES ARBITRATION AWARD OF $2.8 MILLION ON BEHALF OF CLIENT WESTGATE RESORTS
Las Vegas, NV – January 5, 2018 – 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 Marder team representing Westgate consisted of Partners
Michael E. Marder and Kathryn G. Saft and Senior Counsel Phillip Silvestri.
About Greenspoon Marder
Greenspoon Marder is a national full-service business law firm with over 200 attorneys and offices across the United States. We are ranked among
American Lawyer’s Am Law 200, as one of the top law firms in the U.S. since 2015. Our firm was founded with the goal of providing the highest quality legal services at the highest value for our clients. Each of our clients is unique and so are their legal needs. We believe no one size fits all for professional services. Our lawyers offer flexible and creative solutions to meet our clients’ respective needs. Our mission is to understand the challenges our clients face, build collaborative relationships and craft solutions with a focus on strategic goals.
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