Supporting an International hotel group

Sherrards Dispute Resolution team worked to protect the interests of guarantors and a major debtor hotel, facing the threat of foreclosure by a claimant bank.

The Sherrards Dispute Resolution department led by Paul Marmor were retained by an international hotel group that was facing a very aggressive claim by a British clearing bank, which was looking to enforce its guarantees and security over the hotel group and its assets in the UK.

We were able to successfully resist the claim and, indeed, to assist the hotel group in procuring refinancing on much more favourable terms.