Candy Brothers Win $177 Million Suit Over Belgravia Loan
- Former associate had sued over a property-development loan
- Judge said all three men in the case were willing to ‘lie’
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Nick and Christian Candy, the brothers behind London’s luxury One Hyde Park apartments, won a 132 million-pound ($177 million) court battle against a former business associate who accused the property developers of blackmail and intimidation.
Mark Holyoake, a former roommate of Nick Candy, accused the brothers of threatening him and his family over a 12 million-pound loan he took from Christian’s company, CPC Group Ltd. to buy and convert an office building in London’s Belgravia neighborhood into luxury homes. He said his claim was worth “at least” 132 million pounds.