Harlequin boss in high stakes court showdown with investors

A judgement was expected on 13 January that could have made the reportedly twice bankrupt David Ames insolvent for a third time, potentially forcing the break-up of Harlequin to pay his creditors. But after hearing from both sides at the Royal Courts of Justice in London, Judge Mrs Justice Cox adjourned the case pending her decision. Lawyers for Ames and his wife Carol argued that an earlier out of court deal in which the couple agreed to pay £1.3m to a group of 24 investors should be annulled. A bargain was struck in 2014 to get the investors to drop a case in which they alleged t...