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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 240 attorneys and 26 locations across the United States. We are ranked amongst American Lawyer ’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission 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. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide.
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