Author Topic: SPG files Lawsuit for aleged $1 Million Stolen in Scam by Le Parker Méridien NYC (Read 2952 times)

Chaikel · « **on:** January 08, 2013, 09:59:16 PM »

http://www.flyertalk.com/the-gate/blog/13453-lawsuit-1-million-stolen-from-starwood-by-le-parker-meridien-hotel-properties.html

Dan · « **Reply #1 on:** January 08, 2013, 10:10:47 PM »

What are the odds that the LMDS doesn't do the same thing?

smart brit · « **Reply #2 on:** January 08, 2013, 11:07:30 PM »

Wow! In the LMDS I would have believed it more than the le meridian in nyc.

U-no-me! · « **Reply #3 on:** January 10, 2013, 07:20:17 PM »

Just Crazy!

I'm not sure though if it would be good if they uncovered all the dirt at LMDS, I wouldn't want to lose it as an SPG property.

Dan · « **Reply #4 on:** January 10, 2013, 07:36:52 PM »

Unreal.
http://cdn.loyaltylobby.com/wp-content/uploads/2013/01/SPG-VS-Parker.pdf

U-no-me! · « **Reply #5 on:** January 10, 2013, 07:42:38 PM »

Quote from: Dan on January 10, 2013, 07:36:52 PM

Unreal.
http://cdn.loyaltylobby.com/wp-content/uploads/2013/01/SPG-VS-Parker.pdf

Wow! When occupancy is at or above 95% Starwood reimburses the hotel at the regular ADR.
And that was the jux of the scheme.

U-no-me! · « **Reply #6 on:** January 10, 2013, 07:48:57 PM »

Okay, so SPG uncovered the fraud through whistleblowers. Why is there no "criminal" just "civil" lawsuit here? Is it possible prosecutors will turn this into a "Criminal" suit?

Chaikel · « **Reply #7 on:** January 11, 2013, 04:06:54 AM »

Quote from: U-no-me! on January 10, 2013, 07:48:57 PM

Okay, so SPG uncovered the fraud through whistleblowers. Why is there no "criminal" just "civil" lawsuit here? Is it possible prosecutors will turn this into a "Criminal" suit?

My guess is that it would be hard to prove in court. Who should have to pay? Who says they can prove 100% who the orders came from? Will a "whistle blower" stand up in a civil suit?

$1 mil in the scheme of things is not that great. Gonna cost them most of it just in legal fees. They just want to cut their losses and move on. Just my clueless guess

Fan of Dan · « **Reply #8 on:** January 11, 2013, 10:03:47 AM »

Quote from: U-no-me! on January 10, 2013, 07:48:57 PM

Okay, so SPG uncovered the fraud through whistleblowers. Why is there no "criminal" just "civil" lawsuit here? Is it possible prosecutors will turn this into a "Criminal" suit?

Was wondering the same thing.

We see this so often that even though people are wildly successfull they are overtaken by greed and end up doing things that cost them big time down the road.

AJK · « **Reply #9 on:** January 11, 2013, 02:18:12 PM »

Not sure how their breach is "incurable."

Pay the $$ you stole, breach cured.

That's going to be the most difficult argument.

Drago · « **Reply #10 on:** January 12, 2013, 01:25:46 PM »

Quote from: U-no-me! on January 10, 2013, 07:20:17 PM

Just Crazy!

I'm not sure though if it would be good if they uncovered all the dirt at LMDS, I wouldn't want to lose it as an SPG property.

Dirt?
You mean besides for the dirt on the carpeting?

U-no-me! · « **Reply #11 on:** January 12, 2013, 05:51:40 PM »

Quote from: Chaikel on January 11, 2013, 04:06:54 AM

My guess is that it would be hard to prove in court. Who should have to pay? Who says they can prove 100% who the orders came from? Will a "whistle blower" stand up in a civil suit?

$1 mil in the scheme of things is not that great. Gonna cost them most of it just in legal fees. They just want to cut their losses and move on. Just my clueless guess

They are also suing for court costs etc;

I wonder if their lawyer is jewish "weissman".

AJK · « **Reply #12 on:** January 12, 2013, 09:29:49 PM »

He is.

md · « **Reply #13 on:** January 12, 2013, 11:20:44 PM »

Quote from: AJK on January 11, 2013, 02:18:12 PM

Not sure how their breach is "incurable."

Pay the $$ you stole, breach cured.

That's going to be the most difficult argument.

Not so easy to figure out the amount stolen because if they made fake reservations on 1 night, it has a domino effect on the occupancy levels of future nights...

AJK · « **Reply #14 on:** January 13, 2013, 01:10:46 AM »

Even so, if they pay back ANY and ALL SPG reimbursements, then breach would be cured.

Chaikel · « **Reply #15 on:** January 13, 2013, 04:51:44 AM »

Quote from: AJK on January 13, 2013, 01:10:46 AM

Even so, if they pay back ANY and ALL SPG reimbursements, then breach would be cured.

So legally one can defraud all they want, and if they get busted just pay everything back, and the other party can't break the contract?

AJK · « **Reply #16 on:** January 13, 2013, 11:22:13 AM »

Quote from: Chaikel on January 13, 2013, 04:51:44 AM

So legally one can defraud all they want, and if they get busted just pay everything back, and the other party can't break the contract?

Obviously it depends on the contract...

joeb1 · « **Reply #17 on:** February 16, 2013, 11:37:22 PM »

Staying here right now.
They don't seem to like Spg and they don't give a crap about Spg platinum

AJK · « **Reply #18 on:** February 16, 2013, 11:38:04 PM »

Quote from: joeb1 on February 16, 2013, 11:37:22 PM

Staying here right now.
They don't seem to like Spg and they don't give a crap about Spg platinum

I wonder why

joeb1 · « **Reply #19 on:** February 16, 2013, 11:49:50 PM »