Fledgling cruise entity Virgin Cruises has sought dismissal of a lawsuit filed against it by former Norwegian Cruise Line ceo Colin Veitch (CW 17 Mar) Virgin has filed papers to throw out the lawsuit, which alleges company founder Sir Richard Branson stole ideas for a viable cruise venture from Veitch...
Fledgling cruise entity Virgin
Cruises has sought dismissal of a
lawsuit filed against it by former
Norwegian Cruise Line ceo Colin
Veitch (CW 17 Mar)
Virgin has filed papers to throw
out the lawsuit, which alleges
company founder Sir Richard
Branson stole ideas for a viable
cruise venture from Veitch and
reneged on a profit share deal.
Veitch was seeking more than
US$300 million in damages.
The motion, filed at the start
of Jun, says the collaboration
between Virgin Cruises and Veitch
was insufficient to constitute
a formal working relationship
which could even be considered
as the basis for a credible lawsuit.
Virgin also said any agreement
between the parties on revenue
share was subject to changes.
Veitch claimed this was a
loophole Virgin intended to use
once it discovered the potential
revenue available from cruising.
After announcing its plans to
launch a cruise line, Virgin tabled
potential ship designs in Mar.
MEANWHILE, reports in Italian
media Medi Telegraph say Virgin
Cruises is close to inking a deal
with building firm Fincantieri for
the construction of its two ships.
