Financier Can't Duck £124M Deal As FCA Dooms Fundraising

By Christopher Crosby (August 27, 2021, 5:14 PM BST) -- A British company owned by a Monaco billionaire can seek to enforce a £124 million ($170 million) settlement against a German financier after his attempt to repay creditors was scuppered by the financial watchdog, a London court ruled on Friday.

A British tour organizer owned by a Monaco billionaire is entitled to a court judgment against a German financier after he failed to repay the company the money under a settlement agreement, the High Court has said. (iStock) Heritage Travel and Tourism is entitled to a court judgment against Lars Windhorst after he failed to repay the company the money under a...

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