It’s never easy to let go of something that you have built from scratch. But this pandemic has not make these decisions any easier. Initially it was the thirty staff that were made redundant in May when administrators at Interpath Advisory, the former restructuring arm of KPMG, were appointed to Bellhill Limited.
The hotel, located in the fashionable Finnieston area on Sauchiehall Street, had been historically profitable. However, the business had seen turnover plunge and recorded trading losses in the 15 months following the outbreak of the coronavirus pandemic in early 2020, and the imposition of restrictions to halt the spread of the disease.
Administrators noted at the time that an “adverse legal finding” in May had left the director with…
