Court Grants Nederlander-Greek, Inc. Permission to Intervene In House of Blues Lawsuit Against the City of Los Angeles

Nederlander-Greek Believes House of Blues Lawsuit is a Blatant Attempt To

Thwart the City's Contract Bidding Process and Discredit the Recreation And

Parks Commission



Apr 04, 2001, 01:00 ET from Nederlander-Greek, Inc.

    LOS ANGELES, April 4 /PRNewswire/ -- The Los Angeles Superior Court has
 granted Nederlander-Greek, Inc. permission to intervene in the House of Blues
 lawsuit against the City of Los Angeles regarding the operating contract for
 the Greek Theatre, dismissing objections by the House of Blues.  Nederlander
 decided to intervene after HOB filed suit in protest of the March 7 decision
 by the Recreation and Parks Board to reject both HOB's and Nederlander's bids
 for the Greek contract and to initiate a new competitive process.
 Nederlander's filing alleges that HOB's lawsuit is part of a broader scheme to
 "bully its way into the Greek Theatre Contract."
     "We have now been given the right to join the City in resisting the House
 of Blues lawsuit and to restore the City's contracting process," said
 Nederlander attorney Adam Burke.  "Through its lawsuit, HOB is attempting to
 compel the City to award it the contract by court order."
     The Nederlander complaint references facts from HOB securities fillings
 showing that HOB had accumulated losses and negative cash flow in the hundreds
 of millions of dollars and a recent failed IPO.  Those facts were considered
 by the Board of Recreation and Parks before it passed a motion, February 21,
 2001, to reject all proposals and issue a new RFP.  The Commissions' motion
 stated that "the key issue is the financial issue."
     Established in 1912, the Nederlander companies present major concert and
 theatrical performances throughout the United States and in Europe.  Owned and
 managed by James M. Nederlander and his son James L. Nederlander, its Southern
 California venues include the historic Pantages Theatre, the Wilshire Theatre,
 the Henry Fonda Theatre, the Greek Theatre, and concert presentation
 exclusives at the Arrowhead Pond of Anaheim, the Great Western Forum, Staples
 Center, Santa Barbara Bowl, San Diego Civic Auditorium and Bakersfield
 Centennial Garden.  The Nederlander-operated Greek Theatre won Pollstar's
 prestigious "Best Small Outdoor Venue" Award last year.
     For further information, please contact Hutson Morris-Irvin, 818-385-1900,
 cell, 310-871-9406, for Nederlander-Greek, Inc.
 
 

SOURCE Nederlander-Greek, Inc.
    LOS ANGELES, April 4 /PRNewswire/ -- The Los Angeles Superior Court has
 granted Nederlander-Greek, Inc. permission to intervene in the House of Blues
 lawsuit against the City of Los Angeles regarding the operating contract for
 the Greek Theatre, dismissing objections by the House of Blues.  Nederlander
 decided to intervene after HOB filed suit in protest of the March 7 decision
 by the Recreation and Parks Board to reject both HOB's and Nederlander's bids
 for the Greek contract and to initiate a new competitive process.
 Nederlander's filing alleges that HOB's lawsuit is part of a broader scheme to
 "bully its way into the Greek Theatre Contract."
     "We have now been given the right to join the City in resisting the House
 of Blues lawsuit and to restore the City's contracting process," said
 Nederlander attorney Adam Burke.  "Through its lawsuit, HOB is attempting to
 compel the City to award it the contract by court order."
     The Nederlander complaint references facts from HOB securities fillings
 showing that HOB had accumulated losses and negative cash flow in the hundreds
 of millions of dollars and a recent failed IPO.  Those facts were considered
 by the Board of Recreation and Parks before it passed a motion, February 21,
 2001, to reject all proposals and issue a new RFP.  The Commissions' motion
 stated that "the key issue is the financial issue."
     Established in 1912, the Nederlander companies present major concert and
 theatrical performances throughout the United States and in Europe.  Owned and
 managed by James M. Nederlander and his son James L. Nederlander, its Southern
 California venues include the historic Pantages Theatre, the Wilshire Theatre,
 the Henry Fonda Theatre, the Greek Theatre, and concert presentation
 exclusives at the Arrowhead Pond of Anaheim, the Great Western Forum, Staples
 Center, Santa Barbara Bowl, San Diego Civic Auditorium and Bakersfield
 Centennial Garden.  The Nederlander-operated Greek Theatre won Pollstar's
 prestigious "Best Small Outdoor Venue" Award last year.
     For further information, please contact Hutson Morris-Irvin, 818-385-1900,
 cell, 310-871-9406, for Nederlander-Greek, Inc.
 
 SOURCE  Nederlander-Greek, Inc.