Thursday, October 7, 2010

Ritz-Carlton chain, Clayton hotel owner face off over payment dispute

CLAYTON • The Ritz-Carlton Hotel, known for its genteel atmosphere, has become caught in a legal fight between the hotel owner and the Ritz-Carlton chain that manages the property.


A contract dispute over millions of dollars led the owner, Maritz, Wolff & Co., to threaten to cancel a management agreement with Ritz-Carlton Hotel Co., which in turn spurred Maryland-based Ritz-Carlton to file a lawsuit to stop this from happening. .

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