May 30, 2011 — Reuters reports that owners of the Waikiki Edition have filed suit against Marriott International Inc. and hotelier Ian Schrager, Marriott's partner in creating the Edition brand. The lawsuit, filed by Bickel & Brewer on behalf of M Waikiki LLC, "seeks to end a 30-year management agreement and recover losses and overruns tied to the 353-room beachside hotel."
"We believe empty promises were made in connection with the launch of Edition — and the damage done to our clients has been further compounded by Marriott's inability to effectively manage this property," said William A. Brewer III, partner at Bickel & Brewer and lead counsel for M. Waikiki LLC. "Based on the breaches of its contractual obligations to our client, we are seeking to remove Marriott from the management of the Hotel."
To read the full report, click here.