Wednesday, September 23, 2009

Business Espionage - Starwood v. Hilton

Hilton Hotels Corporation, the American hotel behemoth, has replaced Ross Klein as global head of luxury and lifestyle brands after a lawsuit brought by Starwood Hotels, his former employer, accused him of looting confidential information...

The news that Mr Klein has left will reignite speculation that Hilton, which is also being sued, is close to agreeing a settlement with its rival aimed at drawing a line under what the writ called "the clearest imaginable case of corporate espionage, theft of trade secrets, unfair competition and computer fraud". (more)