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Candy brothers must wait for chance to strike out £1.5bn lawsuit

Property developers Nick and Christian Candy must wait until July to seek to persuade the High Court to strike out a strongly refuted lawsuit brought against them, after claimant Michael Antony Brown won more time to fight his corner.

The strike-out application had been listed to be heard on Wednesday 22 May, but now Brown has persuaded Judge Jefferis to adjourn that hearing for six weeks for medical reasons. It is now expected to be heard the week beginning 8 July.

According to the claim form issued in the case, Brown is making accusations of “malicious sabotage” and “imbecilic behaviour” against the Candy brothers and various other parties that allegedly led to a property transaction with the House of Saud falling though.

Brown alleges he took part in a business deal involving a member of the Saudi royal family to sell Nick Candy’s penthouse in One Hyde Park, SW1, for £175m.

But he claims it fell through because of actions by “Mr Candy and his associates” that were “insulting, derogatory and undermining”.

However, barrister David Lascelles said the claims are “strongly denied”. The defence filed by corporate defendant One Hyde Park branded the allegations “unreasonably vague, incoherent and embarrassing for want of particularity”.

The defence filed on behalf of Christian Candy stated that the lawsuit was “hopeless”, while the defence filed on behalf of Nick Candy states he had no dealings with Brown and none of the alleged facts “can support a plea of illegality against any defendants.”

 

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