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Landry’s to pay $3M lease-termination fee - The Galveston County Daily News : Local News

October 21, 2014

Landry’s to pay $3M lease-termination fee

Posted: Monday, August 12, 2013 12:10 am | Updated: 2:00 pm, Mon Aug 12, 2013.

GALVESTON — A jury on Friday rendered a verdict in a Hurricane Ike-related lawsuit and awarded Landry’s Restaurants $250,313 plus attorney’s fees after finding the operators of the now-demolished Flagship Hotel breached its lease, court documents state.

Landry’s, however, is to pay a $3 million lease-termination fee to The Flagship Hotel, according to the record of Galveston’s 405th District Court.

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