Premier League - Hicks 'can't sue Liverpool in US'
Thu, 17 Feb 15:55:00 2011
Liverpool’s current and previous ownership are Americans, so Hicks and business partner George Gillett had hoped to take their case against John Henry’s NESV to the US courts, where damages are more punitive and where a local Texas judge may look more favourably on their case.
Hicks and Gillet contested the £300m sale to NESV as "illegal", calling it an "epic swindle", but the board completed the deal regardless with the blessing of major creditor Royal Bank of Scotland.
The sale was forced because Hicks and Gillett were indebted to RBS for a sum used to buy the club, with the pair claiming they had offered to pay the outstanding amount but that it had been rejected.
Hicks had sought to lift court orders which had prevented him taking action in his home state of Texas to halt the deal in which he claims he lost £140m.
A High Court judge dismissed that application but amended the terms to allow Hicks to make applications in the US in support of any proceedings in the United Kingdom if he gives seven days notice to the parties he is suing.
"We are delighted that Mr Justice Floyd has granted the applications requested by Sir Martin Broughton, RBS and NESV and that the anti-suit injunction prohibiting the former owners from commencing legal actions against these parties outside the EU has been upheld and clarified," said a Liverpool statement.
"Sir Martin, RBS and NESV continue to maintain that there is no basis to challenge the propriety or validity of any actions by them or any of those involved on their behalf in the sale of the club.
"They will continue to take all steps necessary to defend vigorously any litigation threatened or commenced by the club's former owners."
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