Aston Martin Can't Escape £1.8M Claim Despite Halt In Suit

Law360, London (May 15, 2020, 5:59 PM BST) -- Aston Martin could still be forced to pay up for a rare sports car it created for a collector, despite a deal in the proceedings against him for his unpaid loan to finance the £1.8 million ($2.2 million) vehicle.

Judge John Linwood ordered that proceedings by Reditum SPV 2 Ltd. against Sandeep Singh Kooner be stayed under the terms of a confidential agreement between the parties. The lender is suing the businessman after he was unable to pay back an £840,000 loan to buy a reproduction of a vintage Aston Martin in 2017. 

But Kooner's Part 20 claim against Aston Martin —...

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