The Scottish Mutual Building was bought by Liverpool developer Lawrence Kenwright in 2017The Scottish Mutual Building was bought by the Liverpool developer Lawrence Kenwright in 2017.
His company, that was developing the property, went into administration in 2020 without the hotel ever opening its doors.in the hope that a new developer would work with them to recoup their money.Individual investors put in almost £6m to buy bedrooms from which they hoped to earn a return.The administrators had asked the judge to make an order to remove liens, or legal claims, which the bedroom investors had over the project.
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