The quote you refer to was however given by a third party investor [Brev: this is irrelevant as Signature chose to use that testimonial in its marketing, and remains responsible for its own marketing] and our client maintains that the nature of the guarantee given to investors by Signature Living Hotel Limited gives significant comfort to their investors.
We will be exploring all options with the current funders to maximise its value and ultimately the return to creditors.”, He added: “Like Signature Shankly Limited, we are aware that there are a number of bedroom investors that have paid deposits, we will be contacting all investors at the earliest opportunity to confirm our appointment and gather further information.”.
Lennon said: “The renovation of the hotel is in the latter stages of completion and is due to be launched later this year. TheBusinessDesk.com © 2008 - 2017. Creditors of hotel company Signature Living Hotel are owed more than £113m, administrators have said, with the company unlikely to be sold as a going concern. With that in mind, I’m saving Signature’s full obituary for when more details of the administration emerge, so more details as and when they appear on the public record. Liverpool Business News© 2020 - All Rights Reserved. Matthew Ingram and Michael Lennon of Duff and Phelps have been appointed as joint administrators to the Bedford Hotel Limited, opening as the George Best Hotel.. Part of the wider Signature Living Group, the George Best Hotel is set to comprise of 83 fully furnished luxury rooms all themed around one of the city’s most iconic figures, the legendary footballer George Best.
Less than a year later, Signature attempted to argue that this guarantee they threatened to sue me over didn’t actually exist (for two investors), on the basis that director Lawrence Kenright’s signature hadn’t been witnessed. “In so far as it is possible, advance bookings and reservations remain unaffected.
Honesty in this case was what the judge wanted and investors won – money well !!!! Although it was these subsidiaries that borrowed… The restructuring firm confirmed that part of its role will be to investigate how investor money has been spent by the company prior to the appointment. Nothing posted here should be considered financial advice or an opinion as to the suitability or unsuitability of any investment. Duff and Phelps said that advance bookings and reservations “remain unaffected”. – but a breath of fresh air but still a sting in the tale that these people can lie through their teeth and THINK they can get away with it – not in this case – disgusting behaviour and I bet the following was somewhere in the terms of the Investments too – sophisticated investors.
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