The companies had adopted a business model of acquiring hotel properties and selling off accomodation through leases covenanting to buy them back if requested. Both had fallen into financial diffculties, and administrators were sought.
Purle QC HHJ
[2016] EWHC 1523 (Ch)
Bailii
England and Wales
Landlord and Tenant
Updated: 19 January 2022; Ref: scu.566754