Mervis Diamond Wins $5 Million In Appeal

In 2007, Rockville-based >Mervis Diamond Importers opened their Rockville store at 1775 Rockville Pike, next to the former Ramada Inn (now the Legacy Hotel) even though they were in a bitter dispute with the owners of the property, the Cohen Companies. Just the year before, Mervis had filed suit claiming that Cohen had offered to lease them space and then tried to back out of the deal.

Today, a Maryland appeals court ruled in favor of Mervis, and ordered the Cohen Cos. to pay $5 million in legal fees and lost profit damages.

Read it all at the Washington Business Journal.

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