The entrepreneur behind the Hoxton hotel chain has been accused by the owner of rival NoMad hotels of trying to “sabotage” efforts to find a buyer for half of its business in 2018.
According to a lawsuit filed in New York, Sydell Group, owned by Andrew Zobler, alleges Sharan Pasricha and his Ennismore hotel group breached a confidentiality agreement and engaged in “tortious interference” after his talks to finance a buyout of US billionaire Ron Burkle’s 50% stake in Sydell broke down in 2018.
Sydell is seeking about $30m in damages.
An Ennismore spokesperson said: “Mr. Zobler’s claims are completely baseless and nothing more than a desperate attempt by a repeat litigator to misuse the judicial system to gain financially. We deny the matters raised and will defend vigorously against these meritless claims.”
