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Owners One Hyde Park They took the construction company Laing O’Rourke to the High Court in London, due to lack of claims, they interfered with one of the most exclusive schemes of residential assets in the UK.
Luxury building, a short walk from Harrods and Harvey Nichols in London Knightsbridge, was a magnet for oligarkes, celebrities and other super -rich customers since they developed it Candy brothers and former Prime Minister Qatar.
Ever since the scheme was opened in 2011, its properties – which include Penthouse with a caring view of Hyde Park, listed for £ 175 million – set up market records.
However, the owners complain that the building has several problems that require rehabilitation works and sue the Laing O’Rourke branch, which built a building, for the damage of £ 35 million.
Lawyers for those Hyde Park Limited, an entity owned by a resident who in turn have a free part, said corrosion has been discovered since 2014.
Other problems include the failure of the butterfly valves, the leaks of solder joints and the faulty cradle of pantographers – which is used to clean the glazing – they claimed.
Residents on any floor should leave their apartments while the works were carried out, they warned.
Laing O’Rourke said in a statement that “he had been dealing with extensive negotiations with the management company that Hyde Park in the past decade.”
“He has given several offers to solve the question comfortable and honest, including voluntary obligation to take the rehabilitation of the property and the granting of several offers for compensation.”
The company added: “We were fully devoted to finding an intelligible outcome and others disappointed that the management company decided not to fully deal with our many proposals to resolve this dispute.”
One Hyde Park Limited launched a lawsuit in 2021, and the civil trial began on Thursday.
The court heard that Laing O’Rourke did not “participate” in the trial and that he did not send legal representatives.
Andrew Rigney KC, who represented the owners, claimed that the Laing O’Rourke parent group had withdrawn the financial support of the branch, just before the trial began and claimed that it was part of a “intended and cynical strategy to avoid responsibility” for funding compensation.
The cooled water pipeline was “pervading and very serious corrosion,” Rigney said, although more solder joints “will” leak in the next 10 years “.
While Laing O’Rourke offered to perform rehabilitation works, no settlement agreement is possible, the lawyer in written arguments added. “Except for several isolated examples, the necessary rehabilitation works have not been implemented,” he added.
Drafts and Christian Candy, whose Candy & Candy Group acted as a development leader for those Hyde Park, and Sheik Hamad Jassim bin Jaber Al Thani – former Cathary Prime Minister Known as HBJ who have formed a common investment with Christian sweets for the development of the scheme – are not part of the lawsuit.
