Sunday 19 October 2014

The Great Hotel Corp Swindle

http://www.duffandphelps.com/intl/en-uk/Services/restructuring/Pages/RestructuringCases.aspx?caseId=1036&fileGuid=3810204f-68ba-4937-96cd-de14d6af3a67

Duff & Phelps / The shard / £250000 thus far

Assets valued at £248 million by Knight Frank Dec 2013
Securd lending £337

LSREF buys for £256,326,826

2,400 employees

The joint adminstrators consider the outcome achieved was the bst reasonably obtained in all of the circumstances .

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From my post earlier this year 2014


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Of Interest how the valuations have plummeted since 2012 .
Adminstrators Paul John Clark  , Paul David Williams & David John Whitehouse 
Perhaps having the guys from The Fast Show was appropriate .

Solicitor Declan McKelvey .
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Thus we was robbed by Knight Frank and LSREF , ie Lone Star is richer by some £250 million pounds . Nice work if you can get it .

 And May




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