Apr 2025
Conyers advised Michael Penrose, Joel Edwards and Igal Wizman of EY as joint receivers of The Elbow Beach Hotel and Development Company, Limited (in receivership) on the sale of the Elbow Beach Hotel and Fritholme Gardens Residences to the Loren Group.
The Loren Group extended its investment in Bermuda, and intends to undertake a comprehensive redevelopment of the Elbow Beach Hotel with a world-class mix of luxury real estate and expansion of the existing Loren Hotel, restaurants, member and wellness facilities.
Directors Neil Henderson and Francesca Fox, Counsel Jonathan O’Mahony, Senior Associates Andrew Barnes and Oliver Goodwin and Associate Joshua DeAllie advised on this matter.