Cahners settles one lawsuit, faces another

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New York--Cahners Business Information and Expedia announced they have settled the suit that London-based Reed Elsevier, Cahners' parent company, filed against Expedia and Microsoft Corp. last year. The suit alleged that Expedia had violated Cahners' exclusive rights to providing hotel directory advertising sales support for, a travel Web site. With the settlement, Cahners and Expedia dissolved their relationship, with Expedia assuming the advertising contracts that Cahners had originated for the Expedia Hotel Directory. Separately, The McGraw-Hill Cos. filed a suit against Cahners for "illegally and systematically misappropriating for many months highly confidential and proprietary business information and for engaging in unfair trade practices." The suit alleges that Robert Corcoran, an employee of Cahners' Web site, obtained proprietary information from McGraw-Hill's Sweet's division, which competes directly with Cahners, with help from McGraw-Hill employee Patrice Wahl. McGraw-Hill has terminated Ms. Wahl. Cahners would not comment on Mr. Corcoran's employment status, but did say in a statement that "we are mystified and amazed that [McGraw-Hill is] attempting to turn this into a court proceeding." According to a press release from McGraw-Hill, "Federal District Judge Robert J. Cindrich has issued a temporary restraining order requiring all defendants to preserve and segregate all evidence." Mr. Corcoran and Ms. Wahl are also named as defendants in the suit.
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