The ten individuals have been punished for breaches to the code from over a decade ago.
July 31, 2024 at 07:02 AM
2 minute read
Reporter
Gibson, Dunn & Crutcher has secured a win for regulatory body The Takeover Panel which has issued one of its severest punishments following a probe into the owner of renowned hotel chain including Malmaison and luxury Soho department store Liberty.
After a 10-year investigation, the panel ruled that ten former members of MWB Group, the company behind hotel chains Malmaison and Hotel du Vin, should be ‘cold shouldered’ following multiple breaches of its code.
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