I saw a long article in the Figaro back in January describing the saga of the Tattinger properties after they were acquired in 2005 but don't have time to translate :
http://www.lefigaro.fr/societes/2010...ntelement-.php

Cut and paste from Yahoo:

Starwood Capital bought the hotel from the former Taittinger group in 2005, saying it wanted to launch a luxury hotel chain under the Crillon brand, but in 2008 the group changed strategy and said it wanted to sell its luxury assets.

Then, JJW was reportedly set to buy Starwood's luxury hotels for 1.5 billion euros, including 350 million euros for the Crillon, but the deal ended up in court with both sides accusing each other of breach of contract.

Starwood then decided to sell its luxury assets individually, selling Paris's Lutetia to Israeli group Alrov, although Starwood's Groupe du Louvre still manages the Left Bank gem.

Those who do read and understand French will learn more from the Figaro site.