The Danish investor who tried to buy brokerage Lambert Smith Hampton for £38M in 2019 before pulling out of the deal has been declared bankrupt in the UK, Bisnow can reveal. A bankruptcy order was issued by the High Court against John Bengt Moeller on 18 July following a petition by Countrywide, the estate agency chain with which Moeller had been in negotiations to buy LSH. Following the collapse of the deal in March 2020, Countrywide brought legal proceedings against Moeller, claiming more than £10M in damages, which it said was the difference between the £38M Moeller had agreed to pay and what LSH was likely to be worth if it tried to sell it again. 
It received a judgement in its favour for part of the claim in March 2021. It filed the bankruptcy petition against Moeller in September 2021.Moeller told Bisnow the bankruptcy would not significantly affect his life and that he still wanted to try to buy LSH. “[The bankruptcy order] is not something that…  Read the full story here. | 
