16 September 2014

Vladislav Doronin, the Russian real estate giant and majority shareholder of the Aman Group, is taking another step towards returning the luxury hotel brand to greater stability as he prepares for a hearing in London this week.

Following the recent boardroom disagreements, Mr Doronin has been working hard to protect the Aman Group with the result that the outstanding issues from the previous court hearings have largely been resolved either through agreement or by resolutions passed by the Aman Group Board.

The hearing expected to be on Wednesday 17th September 2014 in London, in so far as it relates to Mr Doronin, will now deal simply with timetabling and other procedural matters in relation to the ongoing litigation in the High Court. There are no applications for interim injunctions against Mr Doronin and all previous interim injunctions relating to Mr Doronin have either expired or been superseded.

Mr Doronin said, “I am passionate about and have deep respect for the Aman brand, and I remain keen to support management to rejuvenate, protect and grow the business – so now let’s get on with the job.”