A potential $4 million liability looming on the horizon would be nothing short of stressful for any business. After all, the likelihood of bankruptcy or significant layoffs to pay such a claim could mean the end of the business.
Our client, an international hotel manager, faced a commercial dispute with an owner of a hotel that our client managed.
The owner accused our client of breaching duties and implied contractual terms, leading to alleged losses of nearly $4 million, including damage and loss of revenue.
Our client counterclaimed for $300,000 in unpaid fees.
We successfully negotiated a settlement, resulting in the claimant paying $105,000 and releasing our client of any liability for the alleged damages and loss of revenue.
Through effective communication and strong negotiation skills, we were able to achieve a successful outcome for our client in this case.
This example shows the power of staying focused on the client’s goals, understanding the other party’s motivations and finding innovative solutions to put our clients in the best position during a dispute.
