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construction and opening of the Houston Hyatt Hotel. Ballard and
Lisle had been involved in the development of the Houston Hyatt
Hotel as Prudential representatives. Kanter was connected to the
project through his representation of the Pritzker family and the
award to Hyatt Corp. of the management contract for the hotel.
J.D. Weaver was also involved in this project as a representative
of Tenneco, which had partnered with Prudential to construct the
hotel.
After winning the Houston Hyatt Hotel management contract,
A.N. Pritzker wanted to submit a bid for Hyatt Corp. on the
Embarcadero Hotel management contract. Lisle, however, was
opposed to such a bid because Hyatt Corp. was proposing to build
another hotel in the San Francisco area. A.N. Pritzker somehow
came to believe that Weaver might be able to influence Lisle to
allow Hyatt Corp. to submit a bid on the Embarcadero Hotel. In
this regard, A.N. Pritzker agreed with Weaver that if Weaver
could persuade Lisle to allow Hyatt Corp. to submit a bid on the
contract, and if Hyatt Corp. were awarded the Embarcadero Hotel
management contract, Hyatt Corp. would pay Weaver 10 percent of
Hyatt Corp.’s profits on the management contract.
Lisle and Ballard were both present at the Embarcadero Hotel
bid meeting. Ballard was assigned to attend the Embarcadero
Hotel bid meeting and evaluate the various bids.
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