Information about Luxperience - PowerPoint PPT Presentation

About This Presentation
Title:

Information about Luxperience

Description:

Lindy Andrews is suing Luxperience and founder Helen Logas. Luxperience is seen as the ultimate in travel trade shows, attracting buyers from around the world to view the experiential and luxury experiences that are on offer in Australia. – PowerPoint PPT presentation

Number of Views:12

less

Transcript and Presenter's Notes

Title: Information about Luxperience


1
Information about Luxperience
2
  •  Lindy Andrews is suing Luxperience and founder
    Helen Logas. Luxperience is seen as the ultimate
    in travel trade shows, attracting buyers from
    around the world to view the experiential and
    luxury experiences that are on offer in
    Australia. The forum, which opens in Sydney on
    Sunday, will last four days and culminate in a
    black tie event starring TV travel guru Tom
    Williams. 
  • But some of the gloss of the exclusive  event has
    worn off after a falling out between two of the
    big names in the travel industry, former
    Luxperience chief executive Lindy Andrews and
    Luxperience founder Helen Logas.
  • As the events get under way this week, the
    details of the dispute will be unfolding in the
    District Court.
  • Ms Andrews is suing Ms Logas and Helen Logas
    Luxperience for breach of contract, damages and
    costs totaling more than 500,000. The matter is
    listed for a pre-trial conference next week.

3
  • Ms Logas told Fairfax Media she was unable to
    comment while the matter was before the court.
    However, she did say "we intend to vigorously
    defend the court action".
  • Ms Andrews, who has had a 25-year career in
    travel, has filed a statement of claim saying she
    had turned down a significant and well paid role
    with another high-profile business to join Ms
    Logas.
  • The deal that she claims lured her away from the
    other job was an annual salary plus a stake in
    the business.
  • Ms Andrews said if things went well with the
    business events the agreement was that she
    would take over the day-to-day running of the
    business, allowing Ms Logas to return to New York
    and get on with her personal life, while
    she would build up the business, prepare it for
    sale and would receive 10 per cent of the sale.

4
  • Ms Andrews claims she turned the business around
    and lifted profits within 18 months. But despite
    her performance Ms Andrews said Ms
    Logas terminated her contract without notice and
    without any prior warning.
  • Ms Andrews has said in a statement of claim filed
    in the court that she believed her contract was
    terminated because of a change in Ms
    Logas' personal circumstances, which meant she
    wanted to spend more time in Australia and step
    back into the role of chief executive.
  • The statement of claim also said the termination
    of her contract was done with the intention of
    depriving her of benefits.
Write a Comment
User Comments (0)
About PowerShow.com