Chicago, New York Hotel Owners Challenge Marriott-Starwood Deal

Bloomberg News

Chicago, New York Hotel Owners Challenge Marriott-Starwood Deal

Cahill prevailed on behalf of Starwood Hotels & Resorts Inc., Sheraton Operating Corporation, The Sheraton LLC and Westin Hotel Management in litigation brought by Cityfront Hotel Associates LP and Dream Team Hotel Associates that sought to enjoin the pending $13.6 billion merger between Starwood and Marriott International, Inc., which would create the world's largest hotel company. The plaintiffs alleged that the merger would violate area of protection agreements relating to their properties in Chicago and New York.

On June 1, 2016 the Supreme Court, New York County denied Plaintiffs’ motion to preliminarily enjoin the merger and on June 27, 2016 the Appellate Division, First Department, denied Plaintiffs’ emergency application for a temporary stay or injunction of the merger.