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Hot News: “Minor” filed a lawsuit against “Marriott” to claim for damages of 570 million Baht
“Minor International” filed a lawsuit against Marriott International, the management of JW Marriott Phuket Resort and Spa, claiming for damages of over 570 million Baht.
Minor International PCL. (MINT) disclosed on its website www.minor.com, stating that MI Square Company Limited, a subsidiary of MINT, will continue to take legal action against Marriott International, Inc. (Marriott) for a disappointing performance of the JW Marriott Phuket Resort & Spa (JW Marriott Phuket), which is owned by MINT and managed by Marriott. MINT has claimed for damages from Marriott in an amount of 570,605,134 Baht for multiple dishonest acts and material violation.
MINT stated that Marriott has competed with JW Marriott Phuket through other competing hotels under the Marriott hotel group, as well as using facilities of JW Marriott Phuket to advertise and promote other competing Marriott hotels, including the use of confidential and proprietary information owned by MINT to promote other Marriott hotels.
In addition, Marriott is also in violation of other contract conditions such as forcing JW Marriott Phuket to accept a large number of customers with low profitability, failure to manage JW Marriott Phuket in a manner that properly protects and benefits the hotel owner, inefficient procurement and unlawfully benefit Marriott’s own interests at the expense of MINT.
Marriott has tried to avoid litigation in Thai court, although JW Marriott Phuket hotel is located in Thailand and owned by Thai owners and there are being sued under Thai law. Marriott has requested the Arbitral Tribunal to dismiss the litigation in Thai court but it was unsuccessful and was decided by arbitrators in early July 2020 to be prosecuted in Thai court.
MINT website stated that “MINT will take legal action against the Marriott in Thai court and will claim for full damages and compensation under Thai law. In addition, MINT is planning to pursue further litigation in connection with Marriott’s subsidiaries”.
Announcement from Minor International Public Company Limited (MINT)
