An investment research firm is moving forward in suing the Marriott-owned Swan and Dolphin Resort. According to the suit, the resort won’t agree to nullify a contract for it to host a conference. The plans for 2,000-plus attendees even though COVID-19 makes it for the firm’s conference to go forward.
Cambridge Investment Research Inc. is claiming that they’re not liable to the hotel for cancellation fees or other damages.
The conference was scheduled for September, but Cambridge thought that the conference could not be held there after speaking with representative in June. Unfortunately, Cambridge must pay a fee of around $1.1 million for canceling.
According to the lawsuit, there were a number of laws and regulations in place in Florida making it “illegal, impossible or impracticable” for the conference to occur. At the time, it was unclear if Disney World would reopen by September for Cambridge.
“The numerous government restrictions in place would make it illegal, impossible or impracticable to hold the conference indoors at the hotel,” Cambridge said. “For example, the hotel’s elevators and walkway spaces would not be able to accommodate the transit of approximately 2,200 attendees while still observing proper social distancing.”
We’ll provide updates on the matter when more information becomes available.
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