Property mogul Nick Candy has won his legal battle in a case relating to his £175m One Hyde Park penthouse, the Daily Mail reports.
Businessman Michael Brown alleged
that in 2016 he had been negotiating the sale of the flat on behalf of the
Saudi royal family, but that Candy caused the deal to collapse resulting in a financial
loss to him of £1.5bn.
However at a High Court
hearing yesterday Judge Master Jeffries dismissed the claim saying that the allegations
were ‘without any merit at all’.
The Daily Mail reports
that Candy said afterwards: “This was a hopeless claim from the outset with no
reasonable grounds whatsoever for bringing any kind of case against the defendants.”
He added : “This has been an astonishing abuse of the court and judicial
process. Mr Brown has deliberately used these proceedings to bring improper and
abusive claims and to launder defamatory allegations in order to elicit vast
sums of money.”
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