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Missing Millions: Elton to challenge tour costs defeat
Posted by editor

Poised to appeal

Thursday 6
June 2002 @ 23:20

Lawyers ask the judge permission to appeal


Just hours before Elton’s car auction in London, it emerged on June 5, 2001 that lawyers for Elton John are to challenge a ruling against the star in his recent multi-million pound battle over touring costs.                                                    


Judge Mr Justice Ferris in London’s High Court rejected the Elton’ £14 million claim in April. It landed Sir Elton with an estimated £8 million legal bill.


Now his lawyers are poised to ask the same judge to grant Elton permission to appeal against his ruling.


If the judge refuses permission an application can still be made directly to the Court of Appeal in London.


Elton had sued Andrew Haydon, former managing director of John Reid Enterprises (JRE), which for many years was the his management company, and City accountants PricewaterhouseCoopers, which looked after his business interests.


Elton alleged that Mr Haydon was negligent in allowing JRE to charge him overseas tour expenses, including booking agents, accountants and producers.


Elton’s case was that under a management agreement the “several millions” which he paid out in touring expenses should have been borne by JRE. (see our extensive coverage in November, December 2000, and through to April 2001).


PricewaterhouseCoopers was accused by Elton of negligence in managing his affairs. Both defendants vigorously contested the allegations against them.


Mr Justice Ferris ruled that Elton’s claim in respect of tour costs failed against both PricewaterhouseCoopers and Mr Haydon. He rejected claims of negligence against them.

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