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Challenger Acquisitions to begin legal action following cancellation of Star Sanctum event

The leisure and entertainment company said it was seeking to realise the personal guarantee for its £100,000 loan as provided by Jane Lowther, the owner of Star Sanctum

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Challenger revealed that the event had been cancelled following inadequate ticket sales and a resulting cash deficit to fund actor appearances

Challenger Acquisitions Limited (LON:CHAL) has said it will begin legal proceedings to recoup loan costs following the cancellation of the Star Sanctum event.

The leisure and entertainment company said it was seeking to realise the personal guarantee for its £100,000 loan as provided by Jane Lowther, the owner of Star Sanctum.

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Originally scheduled for May 2018, Challenger revealed that the event had been cancelled following inadequate ticket sales and a resulting cash deficit to fund the appearances of actors at the event, with Benedict Cumberbatch and Chiwetel Ejiofor being scheduled to appear.

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