Design Co. Sues For £1.6M Over Soured Property Refurb Deal

Law360, London (May 14, 2019, 6:22 PM BST) -- A U.K. investment services firm being sued for breach of contract over the furnishing of two properties in London must submit its defense to the £1.6 million ($2 million) claim on Wednesday, after exhausting all available extensions, according to new High Court documents.

Buckingham Securities & Investments Ltd., which specializes in the luxury property market, has been given until May 15 to file its defense to Paolo Castelli SpA's lawsuit, Judge Robin Knowles said in a court order dated May 8.

The judge acknowledged that Paolo Castelli, an Italian interior design contractor, had already agreed to two other extensions by April...

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