A £2m claim brought against the Edwardian Group by Parker Lloyd Capital has been dismissed by the High Court.
The claim was based on an allegation that an oral agreement had been entered into between the Edwardian Group – the parent company of Edwardian Hotels London, which owns and operates 11 Radisson Blu Edwardian, London hotels, the May Fair hotel (pictured) and a collection of restaurant and bar brands – and Rajnikant Hansraj Mehta and Pravin Mokar Shah from Parker Lloyd.
It was alleged the Edwardian Group agreed to pay the claimant a 1% ‘finder’s fee’ if they introduced the group to a significant lender.
On 16 October, following a six-day trial in July 2017, the High Court ruled in favour of the Edwardian Group. The court accepted the evidence of the Edwardian Group’s witnesses, finding that no contract had been entered into, and dismissed the claim in its entirety.
Peter Anscomb, senior corporate director at Edwardian Group, said: “We are pleased that this baseless court case has been brought to a close. As an open and honest business that is committed to building a positive legacy in London and the UK more broadly, we were extremely disappointed by the false allegations made against us.”
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