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Law360 Quotes Cecelia Fanelli on Biggest Hospitality Cases of 2014

July 17, 2014

Steptoe’s Cecelia Fanelli, a co-managing partner in the firm’s New York office, was quoted in a Law360 article titled “The Biggest Hospitality Cases of 2014:  Midyear Report.”  The article, published on July 15, discusses several rulings that the editors say will shape legal strategies in the hospitality industry, including cases that focus on the liabilities hotel owners can face over wrongfully terminated management agreements. 

“It’s a reminder of the care that owners must exercise in appropriately terminating hotel management agreements, in view of the potentially significant damages awards that they may face for wrongful termination,” says Ms. Fanelli, who represents companies on both the owner and management side of the table.  “However, sometimes those damages are viewed as a necessary cost to exit a problematic personal services contract, which a hotel management agreement is,” she adds.

The full article can be read in Law360 (subscription required).