The case is being heard in the Royal Courts of Justice in London, with Mr Mitchell claiming that collusion between RBS, Torex financial advisers KPMG and New York-based firm Cerberus Capital Management led to the purchase of the company at around £400m below its value, which caused its collapse. He is bringing a separate action in the US against Cerberus Capital Management.
Mishcon de Reya disputes partner Richard Leedham is leading for the claimant, with Stephen Auld QC, Michael Clark and Sophie Webber of One Essex Court as barristers.
Dentons partner Steven Mills is leading on the case and has instructed Fountain Court's Patrick Goodall QC and Richard Power, while KPMG are being advised by Stephenson Harwood partner Ros Prince.
Source: Legal Business
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