Law360, London (June 21, 2021, 7:01 PM BST) — A former solicitor and ex-director of Claims Direct PLC, who made millions before it eventually collapsed, deceived the company into handing over 9.75 million ($13.5 million) for a stake in his law firm, a judge ruled.
Brian Rawling, sitting as a judge at the High Court in Birmingham, overturned on Friday a decision by Colin Poole’s trustee in bankruptcy to reject a proof of debt for the 9.75 million, upholding a claim of deceit made by the liquidators of Claims Direct.
Poole was declared bankrupt in 2016. He made millions when Claims Direct floated on the stock market in July 2000….
Read the full article at: https://www.law360.com/insurance-uk/articles/1395768/claims-direct-wins-bid-to-seek-9-75m-from-ex-director
