High Court found that no contract had been entered into with Parker Lloyd Capital Ltd, and dismissed the claim in its entirety
Edwardian Group Limited (EGL), the parent company of Edwardian Hotels London, whichowns and operates 11 Radisson Blu Edwardian, London hotels in London and central Manchester, The May Fair Hotel and a collection of restaurant and bar brands, has successfully defended a claim for over £2m brought against it in the High Court by the Claimant, Parker Lloyd Capital Limited (formerly Parker Lloyd Capital Plc).
The claim was based on an allegation that an oral agreement had been entered into between Edwardian Group Limited and Rajnikant Hansraj Mehta and Pravin Mokar Shah from Parker Lloyd, under which it was alleged that EGL agreed to pay the Claimant one per cent ‘finder’s fee’ if they introduced Edwardian Group Limited to a significant lender.
Yesterday, following a 6-day trial in July 2017, the High Court ruled in favour of Edwardian Group Limited. In the judgment, the Court accepted the evidence of Edwardian Group Limited’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 Limited, who gave evidence during the trial, 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.
We welcome this judgment, which demonstrates our commitment to transparent business practices. Now that the court has dismissed the claim in its entirety, we look forward to continuing to grow the business as well as providing an exceptional service to all our stakeholders.”