Summary
A WEALTHY entrepreneur faces a courtroom confrontation with liquidators seeking the recovery of pound(s)3 million worth of dividends paid by an electronics firm he closed amid controversy in 2007.
A judge has ruled that the facts surrounding the payments by Simclar Ayrshire should be considered in an open court hearing scheduled for next April.See the full content of this document
Extract
Simclar Founder Faces Courtroom Showdown
The decision by Lord Hodge will result in the actions of Sam Russell and other key players coming under intense scrutiny in proceedings that are scheduled to last eight days. Mr...
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