Bid to stop Branson setting sail

13 March 2015 - 02:37 By ©The Daily Telegraph
subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now
Richard Branson. File photo
Richard Branson. File photo
Image: Kenneth Selowa posted Facebook

The former CEO of Norwegian Cruise Line is suing UK billionaire Richard Branson and his Virgin Group for allegedly stealing his ideas and business plans to enter the luxury cruise industry.

Colin Veitch is seeking more than $300-million in damages and has asked a judge to stop Virgin going ahead with its Miami-based cruise line. A Virgin spokesman said: 'We strongly believe the claim has no merits."

Branson plans to commission construction of two giant ships and has financial backing.

subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now