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Great News on Wales!!!!!

Finally I can move forward. Last week I came to a settlement with Mr and Mrs Williams which is great news for both myself and them. The link to the article is below

https://www.dailypost.co.uk/news/north-wales-news/plas-glynllifon-developers-reach-settlement-18658632

My full statement is below:-

Businessman Clears His Name After Court Battle!

A BUSINESSMAN has ended a court battle to clear his name after a deal to co-own a stately home and hotel turned sour.

Myles Cunliffe took a 50 per cent stake in the development after existing owners Paul and Rowena Williams ran out of cash to complete the renovations.

The deal included that Myles – through this company Mylo Capital Limited – secured finance deals to inject much-needed cash in to Seiont Manor hotel, in Llanrug, and Plas Glynllifon, near Caernarfon, Wales – creating thriving businesses.

But the proposed financial packages stalled and the multi-million pound redevelopment was not completed due to complications and the inability to raise funds.

The Williams took legal action – suing for breach of contract and misrepresentation.

Myles – owner of Get Me Car Finance – vowed to fight the allegations and now the former business partners have reached an out-of-court settlement the terms of which are confidential.

Myles, 40, said: “The settlement means that there was no finding of illegality or fraud against me or my and I can now move forward in other ventures with this.

“I am extremely happy it has all been resolved so I can move on with Get Me Car Finance.

“I wish Paul and Rowena every success now that the litigation is behind us.”

Plas Glynllifon – a historic 102-room mansion – was bought by the Williams in 2016. It was built in the 1830s for Lord Newborough, and was the venue for the Prince of Wales Investiture Ball in 1969.

Mylo Capital Limited became involved in the joint venture with the Williams in 2018.

Myles added: “We had several offers on the table, but, for one reason or another, they failed to be finalised, which was extremely disappointing.” 

ENDS

www.mylescunliffe.com

www.getmecarfinance.co.uk

Caption: Owner of Get Me Car Finance Myles Cunliffe.

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