>Ark. man gets $25M award in suit over Texas hotel

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>LITTLE ROCK, Ark. — InterContinental Hotels Group, owners of Holiday Inn Worldwide, has been ordered by a court to pay $25 million in damages to an Arkansas franchisee for fraud involving a hotel in Texas.
J.O. “Buddy” House of West Memphis, owner of Hotel Associates, claimed in a lawsuit that InterContinental Hotels Group breached its contract and fiduciary duty with his company over a Holiday Inn Hotel and Suites in Wichita Falls, Texas.
House claimed he lost millions of dollars in renovation costs and loss of value during various changes in ownership and personnel at the world’s largest hotel franchiser.

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http://www.miamiherald.com/business/breaking-news/story/1139778.html

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