The dispute between Broadreach Capital and Four Seasons Hotels regarding the Four Seasons Aviara may affect all of us. It is yet another owner-manager dispute that may be decided, ultimately, by the line of cases that began in 1990 with Woolley v. Embassy Suites (a California Civil Code interpretation), continued through Pacific Landmark, et al. v. Marriott (also a California Civil Code interpretation, building on Woolley) and continued further to Hyatt v. GGF and Woodley Road v. Sheraton (the latter two being common law decisions). In the context of Broadreach v. Four Seasons, the California cases are most critical as precedent, but Hyatt, in particular, is instructive. You may be tired of hearing about these from me, as I have written fairly extensively on these cases, first last October and then again in November.

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