Lawsuit Aims to Remove CEO From John Q. Hammons Hotels
By: David Oliver
Updated: July 26, 2012
The paperwork was filed in
The suit says current
Atrium says its agreement allows it
to have direct say over who serves in top management roles at
The suit also claims Dowdy gave herself Hammons' $200,000 salary and paid out more than $1 million in bonuses in violation of the management agreement with Atrium.
Dowdy used her power of attorney status to take over for Hammons when a memo said he retired in 2010.
The
KOLR10 News placed a call to the
local headquarters for John Q. Hammons hotel management asking to speak with
Dowdy. We were told to call a public relations firm based in
The Texas PR firm released this statement: "The Company has received a copy of the complaint and has engaged counsel to aggressively defend against the baseless allegations brought by Atrium TRS, LLC and the other Atrium groups and Jonathan Eilian, its principal. The Company will establish in court that the Company has not violated the terms of the Management Services Agreement. Under the leadership of Jacqueline A. Dowdy, the Company has effectively managed the hotels in its portfolio. The lawsuit will have no impact on the operations of the Company."
(see
attachment below to read the lawsuit)
Previous Reports:
Lawsuit Claims John Q. Hammons Hotels
Overstated Net Worth
UPDATE: John Q. Hammons' Court Files
Sealed
Hammons Update: The Ins and Outs of
Guardianship
Friends of John Q. Hammons File
Petition for Guardianship
Hammons Out at Company; Friends,
Family Concerned


