Hicks fails in Liverpool court bid


Tom Hicks has failed to overturn a court order banning him from launching massive damage claims over the sale of Liverpool FC

The Texan former owner of Liverpool Football Club has failed to overturn a court order barring him from launching massive damages claims in the US over the sale of the Premier League.

Tom Hicks wanted High Court judge Mr Justice Floyd to lift anti-suit orders which prevented him taking action in the Texas courts to halt the deal in which he claims he lost £140 million.

The judge dismissed that application but varied the anti-suit injunction to allow Mr Hicks to make applications in the US in support of any proceedings in this country if he gives seven days’ notice to the parties he is suing.

Mr Hicks believes he was the victim of an “epic swindle” when the club was sold against his wishes to New England Sports Ventures for £300 million.

Mr Justice Floyd also dismissed an application to strike out or stay claims by Sir Martin Broughton, former chairman of the club, seeking damages against Mr Hicks for his actions while owner.

New England Sports Ventures’ (NESV) application to be allowed to join the Broughton action was granted by the judge.

NESV bought the club after repaying a £237 million loan Mr Hicks and his former partner George Gillett took out with the Royal Bank of Scotland and Wells Fargo and Co.

Mr Justice Floyd at the High Court in London said while the former partners can file lawsuits seeking information in American courts, they must ask permission from a UK judge if they want to file any damage claims in their own country.

Liverpool FC said in a statement: “Last week a further hearing took place as part of the ongoing litigation following the successful sale of the club in October 2010 to NESV (now Fenway Sports Group).

“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.”

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