Greenspoon Marder Secures Arbitration Award of $2.8 Million on Behalf of Client Westgate Resorts

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Jan 03, 2018, 11:03 ET

LAS VEGAS, Jan. 3, 2018 /PRNewswire/ -- A Greenspoon Marder team secured an arbitration award of $2.8 million for Westgate Resorts in an arbitration matter styled, NAV-LVH, LLC v. Exhibit A Circle, LLC finding that Exhibit A Circle materially breached an agreement.

In 2014, NAV-LVH, LLC d/b/a Westgate Las Vegas Resort and Casino signed an 10-year agreement with Exhibit A Circle, LLC to host an Elvis Presley exhibit and show titled, "Graceland Presents Elvis: The Exhibition – The Show – The Experience." However, Exhibit A Circle defaulted under the agreement and Westgate was forced to close the show and exhibit within a year. The Greenspoon Marder team was able to recover damages on behalf of Westgate in the amount of $2.2 million to recoup construction costs for the exhibition build-out from Exhibit A Circle, plus interest and attorneys' fees, amounting to a total award of $2.8 million.

"We are proud to be represented by Greenspoon Marder, one of the preeminent law firms in the country," said Mark Waltrip, Chief Operating Officer, Westgate Resorts. "They exhibited the utmost of preparation and professionalism throughout this case."

The Greenspoon team representing Westgate and Elvis Presley Enterprises consisted of Shareholders Michael E. Marder and Kathryn G. Saft and Senior Counsel Phillip Silvestri.

About Greenspoon Marder

Greenspoon Marder is committed to providing excellent client service through our cross-disciplinary, client-team approach. Our goal is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. Since our inception in 1981, Greenspoon Marder has become a full-service, Am Law 200 and NLJ 500 ranked law firm with more than 200 attorneys. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs across Florida and the United States. For more information, visit www.gmlaw.com.

SOURCE Greenspoon Marder