RISE - Menu Monitor

Hard Rock Café International is being sued by The Cordish Co., which claims that Hard Rock did not allow it the opportunity to
bid against the Seminole Tribe of Florida to acquire the chain. The Seminole Tribe recently acquired 124 Hard Rock
restaurants, two Hard Rock Live performance venues, four Hard Rock Hotels, two casino-hotels and stake in three unbranded
hotels for $965 million. The lawsuit alleges that Hard Rock fixed the bidding process in exchange for a promise from the
Seminole Tribe to retain Hard Rock’s management. Hard Rock said that the allegations “have absolutely no merit.” (NRN Daily
NewsFax 1/03/07, 1/04/07; Nation’s Restaurant News Online 1/5/07; Tampa Bay Online 1/03/07; AFX International 1/02/07)
©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.
Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information
published.
306