RT Lodge

Photo: RT Lodge

The Nashville-based developer behind the Fairlane Hotel and other boutique hospitality projects is accusing investment bank Goldman Sachs of using inside information to quash a deal to take over a hotel in Maryville used for years by Ruby Tuesday Inc. as a corporate retreat and events center.

BNA Associates filed suit in Davidson County Chancery Court last month against Goldman Sachs Specialty Lending Group, and the case was transferred to federal district court in Nashville last week. The local company is seeking more than $54 million in damages from Goldman — partly money BNA says it would have made over the course of a 50-year lease on the property, which is owned by Maryville College.