Panel: Starwood, Westin not liable for hotel sale damages

05/12/2006 |

An arbitration panel has ruled the Starwood Hotels & Resorts Worldwide and Westin Hotels are not liable for damages associated with the sales of two properties. Kalmia Investors had been seeking $200 million in damages related to the sale of Starwood's Westin Michigan Avenue hotel in Chicago and the Westin St. Francis Hotel in San Francisco.

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