The rollercoaster ride for creditors chasing bankrupt theme park investor Investing It was billed as Britain’s answer to Disneyland Paris. Unveiled in 2012, plans for the vast 900-acre theme park in Kent dazzled locals with boasts of building Europe’s largest indoor water park, a host of Mission Impossible-themed rollercoasters and the creation of 27,000 jobs. Hollywood giant Paramount ramped up the excitement, announcing it would be [...]
Kuwait’s sovereign wealth fund sues new City skyscraper over right to light Property The owner of new London skyscraper 50 Fenchurch Street has been sued by Kuwait’s sovereign wealth fund over claims the tower will obstruct light. Kuwait’s sovereign wealth fund, which owns the freehold to the Willis building on Lime Street, has brought the case through the High Court via its real investment vehicle, St Martins Property. [...]
