Important or Memorable Cases Attorney in New York, New York
Whitey Ford v. Marriott Corp.
Whitey Ford v. Marriott Corp.
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00:04
in my largest settlement
00:06
uh ever we filed suit
00:09
against the marriott corporation for
00:12
selling their hotels they don’t know as
00:14
a rule don’t own hotels they manage them
00:16
they sell them to limited partners and i
00:20
cross-examined jw
00:21
marriott and i said tell me this mr
00:24
marriott
00:24
how if i might ask do you and your
00:27
family and this was a lot of money back
00:29
then
00:30
make 130 million dollars while every one
00:33
of your limited partners
00:34
lost their investment his answer was
00:37
they’re big boys
00:39
well that that we took a lunch break and
00:42
i heard his lawyers a friend of mine
00:44
tom cunningham screaming at him in the
00:46
next room
00:47
saying that’s the worst goddamn answer
00:49
i’ve ever heard
00:50
it’s and we settled that we ended up
00:53
settling that for 530 million dollars
00:56
with about
00:56
50 million dollars of forgiven debt and
00:59
as
01:00
my buddy i ran this buy put it when i
01:03
told him what the
01:04
differential was between what they made
01:06
and what happened to our partners money
01:08
the partner’s money said that’s no way
01:10
to treat a partner
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Houston, TX commercial litigation attorney David Berg shares the story of the Whitey Ford v. Marriott Corp. case which resulted in a $530 million settlement.
