HCP Inc. will pay $125 million to settle a lawsuit filed by fellow real estate investment trust Ventas, on top of HCP’s recent $102.8 million payment to Ventas for compensatory damages.
Federal appeals court upholds $101 million Ventas verdict
May 19, 2011
A federal appeals court in Louisville has upheld a $101 million damages award in favor of the real estate investment trust Ventas in its lawsuit against HCP Inc.