A hotel management firm ousted in a “midnight raid” won more than $10 million in damages from a company linked to the defunct Lehman Brothers Holdings Inc., which owned Miami Beach’s plush Setai Resort & Residences.
Attorneys for Singapore-based General Hotel Management Ltd. and its affiliate GHM (South Beach) LLC say the managers of the oceanfront resort got a rude awakening in March 2012 when “a cadre of armed security forces” took over the Setai without warning in a pre-dawn tactical move one Saturday.
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