McKillen facing £20m legal bill

 

A property developer who lost a British high court battle with two of the UK’s best-known businessmen is facing a legal bill of about £20 million (€25 million), a judge was told today.

Patrick McKillen lost a legal fight with Sir David Barclay and his twin Sir Frederick over control of a £1 billion company which owns three of London’s most famous hotels earlier this year.

Judge Mr Justice David Richards ruled against him in August, following a trial in London.

And today the judge said Mr McKillen - who comes from Belfast but is based in Dublin - should pay all sides’ legal costs, following a further hearing in London.

Lawyers told him that total costs would add up to about £20 million - the exact bill has yet to be calculated.

Mr McKillen and the Barclay brothers were investors in Coroin - the company which owns and manages Claridge’s, the Connaught and the Berkeley hotels, the High Court heard.

Mr Justice David Richards dismissed Mr McKillen’s claims that “company affairs” had been conducted in a “manner unfairly prejudicial to his interests”.

The Barclay brothers disputed Mr McKillen’s claims and said his allegations were designed to “tarnish” their reputations and “embarrass” them.

Mr McKillen said he aims to appeal against some aspects of the judgment.

PA