Esken completes investigation into CGI's breach accusations.

Esken's London Southend Airport (LSA) has concluded its investigation into allegations made by Carlyle Infrastructure Fund (CGI) regarding a breach of their loan agreement. The investigation found no default or event of default that would give CGI the right to accelerate the loan or demand repayment. Esken plans to work with CGI on a negotiated settlement to lift the requests for accelerated repayment. Esken is also taking steps to raise funding through the disposal of non-core assets and is at risk of bankruptcy if the accusations persist, the sale does not occur, and additional funding is not secured. [Extracted from the article]