The High Court in London has ruled in favour of New Zealand businessman and philanthropist Sir Owen Glenn in the long-running Spartan litigation.
Toby Graham and Tom McPhail of Farrer & Co., together with a counsel team from Serle Court acted for Sir Owen and one of his companies at a 3-month trial last year. The 376-page judgement ends years of litigation against fellow New Zealander Eric Watson.
The case related primarily to a joint venture between Sir Owen and Mr Watson called Project Spartan. Sir Owen put forward a company called Kea Investments Ltd to invest £129 million in this venture, while Mr Watson put f...
