Former Liverpool co-owner Tom Hicks has been given the chance to launch massive damages claims over the sale of the club after orders barring action in the US were varied by the High Court.
Hicks wanted Mr Justice Floyd to lift anti-suit orders which prevented him taking action in the Texas courts to halt the sale to New England Sports Ventures (NESV) in October in which he claims he lost £140million.
The judge dismissed that application, but varied the anti-suit injunction to allow Hicks to make applications in the US in support of any proceedings in the United Kingdom if he gives seven days notice to the parties he is suing.
Liverpool are not a direct target of Hicks' claim, as he believes he was the victim of an 'epic swindle' when the club was sold against his wishes to NESV for £300million.
Mr Justice Floyd also dismissed an application to strike out or stay claims by Sir Martin Broughton, former chairman of the club, seeking damages against Hicks for his actions while co-owner.
Is this going to effect our club or just RBS?
