Sunday, November 11, 2007

Hotel Bel-Air to Change Hands - Kind-of

One of the world's most extravagant spenders, Prince Jefri, the younger brother of the Sultan of Brunei has been ordered to give back his toys. Five English judges have settled a billion-dollar battle between Jefri and the Sultan of Brunei. Prince Jefri has been ordered to give up ownership of two hotels: the New York Palace Hotel, Hotel Bel-Air in Los Angeles, three houses: Cavell House in London, St John's Lodge in London and in 3-5 Place Vendôme, Paris as well as paintings, jewels and a large trust fund.

Link to UK Times Online Story

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