Ropes & Gray represented the heirs of moviemaker and aviation mogul Howard Hughes in a $230 million settlement with General Growth Properties Inc. (GGP), announced September 20, resolving a dispute over Summerlin, a 22,500-acre residential development in Las Vegas.
Under the terms of the agreement, GGP will pay $230 million to the Hughes heirs in exchange for a full release and settlement of all claims against GGP and its affiliates. The amount will be paid shortly after GGP's emergence from bankruptcy.
Boston-based partners Steve Hoort and Walter McCabe led the Ropes & Gray team representing the Hughes’ heirs.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find our more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.