Caplay May Sue Murray Finance Firm Considers Action Against Former Chief Executive

The Herald › February 16, 2005

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Summary

KEN Murray, the maverick Edinburgh entrepreneur, faces being sued by Caplay, the former Murray Financial, after the company issued a thinly-veiled threat to file for damages against its one-time chief executive.

The menace of fresh legal action comes in direct response to Murray successfully obtaining an order from the Court of Session in Scotland which had the effect of freezing some of Caplay's bank accounts. The move forced the temporary suspension of trading in Caplay shares last week.

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Extract

Caplay May Sue Murray Finance Firm Considers Action Against Former Chief Executive

A spokesman for Caplay declined to disclose how much Murray's most recent actions had cost ...

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