FlyerTalk Forums - View Single Post - Goodbye IC Times Square (Update: IHG won)
Old Jul 4, 2018, 2:51 pm
  #21  
Physci
 
Join Date: May 2009
Location: London
Programs: BA Gold, IHG Platinum, HH Diamond, Hertz PC,
Posts: 1,986
Originally Posted by turner32
From what i've seen, it appears that IHG won the case yesterday and will continue to manage the property. It will be interesting to see how the owners react to this.
IHG won against the appeal by the owners against the preliminary injunction granted by IHG preventing the owners terminating the contract until the courts can fully consider the issues between the parties, including the interpretation of the management agreement. So yes, for the moment IHG will continue o manage the property but agree it will be interesting to see what the owner does next.
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