Class Action Lawsuit
City of Pontiac General Employees’ Retirement System v. Eagle Hospitality Properties Trust, Inc., et al., Kenton County, Kentucky, Circuit Court Case No. 07-CI-627 and Corporex Realty & Investment, LLC v. EHP Operating Partnership, LP and Eagle Hospitality Properties Trust, Inc., Kenton County, Kentucky, Circuit Court Case No. 07-CI-01572
Obtained beneficial settlement of shareholder class action lawsuit by City of Pontiac General Employees' Retirement System seeking to preclude the sale of assets in multi-million dollar transaction. In a related matter, successfully defended against a motion for preliminary injunction where management company sought to delay termination of a management agreement in light of the pending sale of assets.