-81-
Following the Embarcadero Hotel deal, Hyatt Corp. abandoned
the Nob Hill hotel project. Ballard, Transcr. at 135-137.
Prudential later built 8 to 10 Hyatt hotels in cities including
New Orleans, Cambridge (Massachusetts), Indianapolis, Nashville,
Chicago, and Oahu, Hawaii. Ballard, Transcr. at 135; Friend,
Transcr. at 770-771. Friend often conferred with Ballard and/or
Lisle when Hyatt Corp. contemplated replacing a hotel manager at
a Prudential-financed hotel. Id.
Kanter purportedly met Ballard and Weaver for the first time
in the fall of 1972 at the opening of the Houston Hyatt Hotel.
Kanter, Transcr. at 3602-3603, 3652; Friend, Transcr. at 759.44
Kanter testified he first learned of Hyatt Corp.’s agreement
to share its fees on the Embarcadero Hotel’s management contract
with KWJ Corp. in about 1973, when A.N. Pritzker asked Kanter to
review the agreement.
Ballard testified he learned of the Hyatt/KWJ agreement from
A.N. Pritzker, after the fact and in connection with discussions
regarding the other Prudential-financed hotels mentioned above.
Ballard, Transcr. at 134-135. Ballard testified that A.N.
Pritzker volunteered that Hyatt Corp. paid a finder’s fee to
44 The record strongly suggests Kanter met Ballard and
Weaver during the period 1968 to 1970--the same time A.N.
Pritzker introduced Kanter to Lisle in connection with the
Houston Hyatt Hotel project. Exh. 2030, at 10-11.
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