Statement from Cipriani Family
Cipriani (Grosvenor Street) Ltd. Files for Administration in the UK to Protect Assets; Service Will Continue as Usual at the Renowned London Restaurant
NEW YORK, March 2 /PRNewswire/ -- Cipriani (Grosvenor Street) Ltd., a successful enterprise free of any debt outside the liabilities resulting from the Orient-Express Hotel litigation, is filing for administration to protect its assets. The administration process will continue while the company pursues any appeal to the Supreme Court in the UK litigation and trademark dispute against Orient Express Hotels at OHIM, the Office of Harmonization in the Internal Market (EU).
Service will continue as usual at our renowned London restaurant, which will operate under a new name by April 24. Operations around the world remain unaffected.
SOURCE Cipriani Family
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