19 November 1999
In a statement, the firm said it had ‘settled amicably on confidential terms’ with Tower Hill Properties, a consortium of finance houses. Tower Hill bought five hotels for £53.9m in 1990 but sued Weatheralls because it believed the properties were overvalued.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.