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Cases & Deals

June 24, 2005

$30 Million Jury Verdict For Ritz-Carlton Grand Cayman Developer


 

NEW YORK, June 24, 2005—King & Spalding LLP, a leading international law firm, successfully represented Humphreys (Cayman) Limited, developer of The Ritz-Carlton Grand Cayman, in a breach of contract action against Fluor Daniel Caribbean, Inc., and Fluor Enterprises, Inc., in a three-week jury trial in the United States District Court for the Southern District of New York. Humphreys was awarded $28.8 million, plus interest, legal fees and costs.

The jury found in favor of Humphreys after three days of deliberations at the conclusion of a three-week trial in Manhattan. Fluor Daniel Caribbean, Inc., the general contractor for the project, had sought nearly $30 million in damages. The difference between the damages requested by Fluor Daniel and the jury award to Humphreys represents a swing of nearly $60 million.

The 144-acre Ritz-Carlton Grand Cayman beach resort is scheduled for opening in November 2005.

The trial team consisted of King & Spalding partners Dwight J. Davis, Edward G. Kehoe and John W. Hinchey, and Michael R. Libor, a partner of Morgan Lewis, in Philadelphia.

King & Spalding LLP’s Legal Team
Partners: Dwight J. Davis (Litigation—New York, Atlanta); Edward G. Kehoe (Litigation—New York); John W. Hinchey (Global Transactions—Atlanta)

Counsel: Peter M. Crofton (Global Transactions—Atlanta)

Associates: Troy L. Harris (Global Transactions—Atlanta); Angus N. McFadden (Global Transactions—Atlanta); Christopher S. Prince (Global Transactions—Atlanta); Rishona Fleishman (Litigation—New York); Thomas V. Burch (Global Transactions—Atlanta)

About King & Spalding LLP

King & Spalding LLP is an international law firm with more than 800 lawyers in Atlanta, Houston, London, New York and Washington, D.C. The firm represents more than half of the Fortune 100, and in a Corporate Counsel survey in October 2004 was ranked one of the top ten firms representing Fortune 250 companies overall. For additional information, visit http://www.kslaw.com/.