Thursday 15 March 2018

Viceroy says re-drafting LA lawsuit against Five in Dubai Palm hotel dispute - The National

Viceroy says re-drafting LA lawsuit against Five in Dubai Palm hotel dispute - The National:

"Viceroy Hotel Group, the hotels company headquartered in the United States, said it is drafting a fresh case against Dubai-based real estate company Five Holding in a Los Angeles court, as part of a dispute over alleged mismanagement of a luxury hotel on the Palm Jumeirah. “Viceroy is in the process of expanding its lawsuit and expects to file an even more robust complaint against Five soon,” a statement from Viceroy said on Wednesday night. Earlier in the day, Viceroy said a Los Angeles judge had dismissed a claim filed in September by Five and affiliated parties alleging financial fraud and mismanagement against the hotel group."



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