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Ashford Prime shareholder countersues REIT in federal court, in bid to consolidate litigation

2016-03-15 02:56:30| Jewelry - Topix.net

Sessa Capital Moves to Consolidate Litigation against Ashford Hospitality Prime in Federal District Court to Expedite Resolution of Outstanding Legal Issues and the company's directors, and filed similar claims in the U.S. District Court for the Northern District of Texas as a means of consolidating the litigation between the two parties, the firm said. Sessa also filed a motion to remove claims the company filed in Texas state court to the federal court case, arguing that the underlying facts and claims arise from the same matters being litigated in federal court.

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