A Baltimore-based developer says a lawsuit filed by Seminole Tribe of Florida is a "less than honorable tactic" aimed at renegotiating their business agreement.
The Cordish Company financed the tribe's two successful Hard Rock Hotel and Casino resorts. A Cordish subsidiary named Power Plant Entertainment receives $18 million a month under a 10-year contract. The tribe claims the payments are being made but no services are being provided. A lawsuit filed in state court asks for a judge to break the deal. Cordish is expected to make $1.6 billion to $2.2 billion on the Seminole deal. Get the Story: