Viceroy denies allegations of new lawsuit by Five Holding

Viceroy denies allegations of new lawsuit by Five Holding
Viceroy Palm Jumeirah.
Published: 19 September 2017 - 1:30 a.m.
By: Jochebed Menon

Kabir Mulchandani the chief executive of Five Holdings filed a lawsuit against Viceroy Hotel Group in Los Angeles on September 7, 2017.

The lawsuit cites a consultant report dated in August to justify the wrongful ouster of Viceroy as the manager of the Viceroy Palm Jumeirah Hotel two months earlier. 

Viceroy has explicitly denied the allegations in the lawsuit and the consultant report, and has revealed that it is confident the legal process will demonstrate the falsity of both.

Viceroy and its management honoured the terms of the hotel management contract with Mulchandani and his group at all times, including the time leading up to their expulsion from the property on June 19, 2017.

Three days later the Dubai International Financial Centre (DIFC) Courts reinstated Viceroy as manager of the Viceroy Palm Jumeirah in Dubai without further notice and Mulchandani and his group remain subject to that comprehensive injunction.

The hotel operator group has stated that it will continue to seek enforcement of the DIFC injunction and will vigorously defend itself against these false allegations. Viceroy will also aggressively pursue all remedies available to it.

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