Minor International and Knighthead Capital Management have submitted final offers in an attempt to take control of sites including The Wolseley and Colbert, Sky News learns.
The outcome of the auction is likely to determine the future of Jeremy King, one of the company's founders and widely regarded as among Britain's top hospitality figures.
C&K owns sites including The Delaunay on Aldwych and Colbert on Sloane Square, and its restaurants have become popular over the last 15 years with celebrities and captains of industry. Mr King fell out with Minor over the group's expansion plans, and the Thai-based company has resorted to a string of legal actions in a bid to remove him from the company.Sky News revealed several weeks ago that the two sides had resumed hostilities when Minor launched legal proceedings against both Knighthead and Mr King.
Minor forced C&K's holding company into administration in January, accusing Mr King of mismanaging the business and of refusing to place it on a more sustainable financial footing. The accusations were rejected by Mr King, who recently won another important London court battle when a judge ordered Axa, the French insurance giant, to pay C&K more than £4m for a business interruption claim brought as a result of the COVID-19 pandemic.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The cost of renting a room in every London borough, revealedThe most expensive and most cost-effective parts of London for renting a room, according to new ONS data.
Consulte Mais informação »
UK seizes superyacht of unknown Russian businessman docked in LondonNational Crime Agency officers served notice to the master on board the yacht in Canary Wharf, where it was docked
Consulte Mais informação »
Oldest surviving map of London, from 1633, to go on displayThe oldest surviving complete map of London is to go on display as part of a new exhibition. 📱More here: 📸 London Metropolitan Archives
Consulte Mais informação »
Russian-owned £38m superyacht seized in LondonA superyacht believed to be owned by a Russian businessman has been detained in London after arriving in the capital for a boating awards ceremony. The Departme
Consulte Mais informação »