NYC developer beats $2M judgment in case over failed Las Vegas W Hotel

March 22, 2013 – Media Mention
The Real Deal

New York developer Jason Halpern has escaped having to pay more than $2 million to his former partner in the development of a failed W Hotel in Las Vegas, following a ruling from Nevada's highest court. The Nevada State Supreme Court overturned the judgment in the indemnification case, effectively letting Halpern off the hook in New York as well. Bill Fried, chair of Herrick's Construction Litigation Practice Group, is quoted stating "Mr. Halpern is gratified that the Nevada [Supreme Court] properly vacated a clearly erroneous decision."