Peak Hotels & Resorts Ltd v. Tarek Investments Ltd & Ors. - $400 million high court hotel ownership dispute
We acted for Peak Hotels in Peak Hotels & Resorts Ltd v. Tarek Investments Ltd & Ors. The case concerned a $400 million joint venture dispute over Aman Resorts, a collection of leading luxury resorts and hotels in Asia, Europe and the Americas. The defendants included Russian billionaire, Vladislav Doronin, and the CEO of Head N.V., Carol Johan Eliasch. The case came before the Chancery Division on a multitude of occasions, resulting in a variety of injunctions being granted in our client’s favour. This case was described by Departures magazine as “a takeover battle the likes of which the luxury hotel-industry has never seen”. The case was listed as one of The Lawyer’s Top 20 Cases of 2015. Ashkhan Candey, Andrew Dunn and Leo Nabarro were lead partners.
