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Elton John World News: Missing Millions: Elton fails to gain appeal in missing millions court case

Missing Millions: Elton fails to gain appeal in missing millions court case-- Posted by This email address is being protected from spambots. You need JavaScript enabled to view it.

Elton refused by courts to appeal

Thursday 8 June 2000 @ 2:02 - GMT

Judge says Elton's case has no real chance of success

 

Elton was refused permission to appeal a ruling against him in his recent multi-million pound battle over touring costs on June 6, 2001.

 

A judge in the High Court in London rejected the Elton's £14 million claim in April, 2001, after a long hearing, landing Elton with an estimated £8 million legal bill.

 

The same judge, Mr Justice Ferris, had been urged by Elton's lawyers to grant permission to appeal against his finding. But, after hearing submissions, Mr Ferris said he was not satisfied an appeal "would have any real prospect of success".

 

Elton's legal team can still make a further application for permission to appeal directly to the Court of Appeal, but it is not yet clear whether Elton will pursue this.

 

The application for permission to appeal related only to PricewaterhouseCoopers.

 

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

 

Elton alleged Mr Haydon, 45, 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. PricewaterhouseCoopers was accused by Elton of negligence in managing his affairs.

 

Both defendants vigorously contested the allegations against them. The case was extensively covered on this website.

 

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