Nashville hotel developer's case against Goldman dismissed

BNA Associates, the Nashville-based developer behind boutique hospitality projects like the Fairlane Hotel, has lost its lawsuit against Goldman Sachs over a scuttled deal to take over a hotel in Maryville.

The developer filed suit against Goldman Sachs Specialty Lending Group last year, alleging that Goldman used inside information to derail BNA Associates’ bid to buy the lease for RT Lodge, used for years as a corporate retreat and events center by Ruby Tuesday Inc. and before that as the home to the president of Maryville College.