EXCLUSIVE: Nailed It! and Hell’s Kitchen production group Tinopolis has tabled its latest peace offer to a group of angry former producers, who are owed £50 million ($70M) by the company after a controversial financial restructuring.Around 15 producers, including Magical Elves founders Dan Cutforth and Jane Lipsitz, are considering taking legal action after Tinopolis wiped out the value of their loan notes in March.
These loan notes were essentially IOUs promised to producers at the point they sold their company to Tinopolis.Tinopolis said the financial restructuring was critical to securing the future of the business after it was imperiled by the coronavirus crisis. “The damage caused by Covid has been significant and a complete recovery
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