A claim for £118.5 million has been lodged against the billionaire owner of fashion retailer Boohoo Mahmud Kamani by an IT contractor who claims to be the third founder behind the online clothing empire.

JMW Solicitors is representing Richard Womack, who has brought a claim against Mr Kamani for breach of an agreement. The law firm said that Mr Womack began working with Mr Kamani in 1998 and in February 2006, Mr Kamani approached Mr Womack to request that he develop a website to sell clothing online, which, JMW said, Mr Womack spent almost two years building the infrastructure for, including developing bespoke stock management s...