Company that loaned Sarah Ferguson £500,000 goes into administration
Gate Ventures, chaired by former BBC boss Michael Grade, was subject of bitter court battle A troubled theatre and film investment company chaired by the former BBC boss Lord Grade that made "unexplained" loans to the Duchess of York has been placed in administration after a bitter high court battle. Gate Ventures, which has backed shows including 42nd Street and Sunset Boulevard, owed shareholder and creditor Zheng …
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