Results tagged “Songbird Estates”
Canary Wharf Group has filed a claim against bankrupt financial giant Lehman Brothers for $4.28billion in rent and charges.
The claim was filed this month with Epiq Bankruptcy Solutions in the US, and includes $2.63billion in rent, $711.3million in rates, and $552.6 in dilapidations.
Long leaseholders want a public inquiry into the bid to kick them off land at Heron Quays.
Leeside International and Michael John Hunt have written to the Secretary of State for Communities and Local Government, claiming the move is "premature" and could "jeopardise" jobs in the area.
Canary Wharf Group's parent company Songbird has posted a £1.82billion pre-tax loss for the year.
The estate landlord - which has been hit by falling property prices in recent months - warned there is a material risk of breaching financial covenants over the next 12 months.
