Urban Hotel Group and Elm Street LLC wanted their proposal to the city of Greensboro for a downtown luxury hotel kept confidential, and their lawyer, Eric Pristell, drove a hard bargain with city legal. The city opted to release a redacted version of the proposal despite this threat from Pristell to City Attorney Terry Wood on Jan. 21:
“I thought about our conversation this afternoon. If I were in your position, I would choose not to disclose the un-redacted version of my client’s proposal to the public. The fundamental reason is that if the public decides to sue and you lose, your damages will be significantly lower than if you released the document and my client sued. Our damages, if proven, would be substantial. Food for thought.”
UPDATE: HT to News & Record reporter Amanda Lehmert for tackling this at the beginning of the week.