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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.
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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