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Oil tycoon loses case for £122m

Sunday Mail

|

April 27, 2025

A SCOTS oil tycoon has lost an appeal against a decision to throw out a £122million compensation claim against his ex-lawyers and business partners.

- BY NORMAN SILVESTER

Robert Kidd claimed he fell victim to a fraudulent conspiracy by Aberdeen firm Ledingham Chalmers and Texas-based equity house Lime Rock Partners.

The hearing was held in January at Edinburgh's Court of Session after Kidd lost the original nine-figure damages case last year.

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