Eric Watson stung for costs, court describes his case against Owen Glenn as ‘fanciful’
UPDATED: Watson-linked trust to appeal decision.
Duncan Bridgeman Tue, 16 Dec 2014
Controversial businessman Eric Watson has failed to bring a derivative action against Sir Owen Glenn’s interests in the English courts, resulting in hefty costs being awarded.
In a judgment released last week, English High Court judge Mark Pelling ruled that Novatrust, which is associated with Mr