Billionaire racehorse owner launches court case against Lloyds Bank subsidiaries
(The Guardian Business News)

Trevor Hemmings´ Manx Capital was among a group that secured a £200m settlement from RBS in 2017The billionaire owner of of three Grand National winners has launched a court case against a collection of former allies, claiming they unjustly enriched themselves during their joint litigation relating to Royal Bank of Scotland´s 2008 rights issue.Trevor Hemmings´ Manx Capital was part of a group of shareholders that secured a £200m settlement from RBS on behalf of thousands of people who say they were duped into investing into the now largely state-owned lender just ahead of its government bailout. Continue reading...