The management agreements specifically stated that Marriott’s agency was “coupled with an interest and may not be terminated by owner.” , but the court again looked to other cases (Woolley) for the definition of “an agency coupled with an interest.” The court found that the parties had not created an agency with an interest, despite the provisions of the management agreements. The court held that “even if the parties intended to create an irrevocable agency, one coupled with an interest, unless they do so and such an interest does in fact exist, the statutory power to revoke may be exercised." Marriott had argued that the prior loan agreements with its affiliated companies did, in fact, create an “interest.” The court held differently, however, in ruling that Marriott itself did not have an interest that would have created an irrevocable agency.
