GHM wins in arbitration over Setai Miami
Magazin • 19.6.2014 • 8442
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GHM wins in arbitration over Setai Miami

19.6.2014

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Miami. This story reads like a film script. The setting: the renowned luxury hotel The Setai South Beach in Miami. The parties: Operator GHM, owner Lehman Brothers and the Trevi Luxury Hospitality Group spearheaded by the former Rosewood CEO Atef Mankarios. The action: a surprising night-time hostile takeover of hotel management - accompanied by "armed guards and uniformed police officers". At least this is the claim made by GHM. The other side tells a completely different story.

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