Celebrity Charity: Published: F1 tycoon Bernie Ecclestone SUES stale son-in-legislation James Stunt over £89k soured ‘gold coin alternate deal’ – six months after bitter multi-million pound divorce from Petra
- Bernie Ecclestone is taking his stale son-in-legislation to court docket announcing he’s owed £89k
- Billionaire Bernie’s firm Formulation One World Championship Ltd is annoying he repay the cash from a memento coin alternate deal
- Mr Stunt famously known as Bernie ‘a dwarf’ throughout his acrimonious divorce from F1 heiress Petra Ecclestone final year
- Approved war came to gentle at a monetary ruin hearing for Mr Stunt on the High Court docket on the mute time where his landlord changed into as soon as annoying £19,500 in unpaid rent
10:39 EST, 30 January 2019
Up to the moment:
14:forty five EST, 30 January 2019
Bernie Ecclestone is suing his stale son-in-legislation James Stunt over an alleged debt of £89,000 as their frosty relationship plunged new depths, it changed into as soon as printed on the mute time.
Billionaire Bernie’s firm desires the 37-year-veteran gold bullion trader to pay abet cash or no longer it’s owed over a alternate deal to provide memento coins.
Mr Stunt famously known as Bernie ‘a dwarf’ throughout his acrimonious divorce from F1 heiress Petra Ecclestone final year.
And now Bernie’s Knightsbridge-basically based firm Formulation One World Championship Ltd – which sells commercial rights and licenses to Formulation One – is annoying cash or no longer it has been asking for since October.
Talking on the mute time Bernie, 88, acknowledged the subject might well simply had been to execute with ‘gold coins’ Mr Stunt had planned to beget with the firm’s title.
Bernie Ecclestone is suing his stale son-in-legislation James Stunt over an alleged debt of £89,000 – six months after Mr Stunt’s divorce from Bernie’s daughter Petra (pictured along with her father)
Billionaire Bernie’s firm desires 37-year-veteran gold bullion trader Mr Stunt (pictured final year outdoor his divorce hearing) to pay abet cash or no longer it’s owed over a deal to provide memento coins
‘If I keep in mind rightly, after I changed into as soon as responsible of the firm, we would executed a deal when he changed into as soon as a over some gold coins he changed into as soon as going to provide,’ he acknowledged.
‘He changed into as soon as going to exercise the title of the firm on the coins. I procedure no longer know what took space to them.’
Their bitter pleasing war most efficient came to gentle on the mute time throughout an insolvency hearing on the High Court docket spirited Mr Stunt.
Mr Stunt’s multi-million pound gold bullion buying and selling firm – Stunt & Co – had been facing monetary ruin over unpaid rent of £19,500.
Nonetheless the subject changed into as soon as resolved with the businessman paying his debt.
Nonetheless, lawyers performing for Formulation One World Championship Ltd – where Mr Ecclestone is a stale director and now Chairman Emeritus – requested that they be made collectors on the winding up petition in opposition to Mr Stunt.
A disclose adjourned the case till subsequent month for the firm – which sells commercial rights and licenses to Formulation One – to construct their case in opposition to him.
The trader changed into as soon as taken to court docket because he owed his landlord £19,500 in unpaid rent.
Stunt and Co Ltd, which is price £four.9 million and has locations of work in Mayfair, changed into as soon as given 14 days to pay up or face the indignity of his firm being declared insolvent by a High Court docket disclose.
Despite the indisputable truth that the subject has now been settled, the monetary ruin court docket cases are a dramatic fall from grace for the businessman who changed into as soon as as soon as price £3 billion and enjoyed the total trappings of the mega-rich.
Following his £12 million wedding ceremony to Petra at an Italian fortress in 2011, he lived in a £A hundred million apartment and drove a like a flash of luxurious vehicles including Rolls Royce, Lamborghini and Ranger Rover.
Mr Stunt and Petra had a £12m wedding ceremony to Petra at an Italian fortress in 2011 before their six-year marriage ended final year in acrimony and she moved to the US with their three kids
Mr Stunt has taken out a £6m loan on the Belgravia mansion he bought after the divorce. His war along with his ex-higher 1/2’s father came to gentle at a monetary ruin hearing on the High Court docket on the mute time
Mr Stunt travelled the enviornment by non-public jet, owned art work-works price millions and donated gold bars at charity events.
Nonetheless, his lifetime of luxurious began to solve when Ms Ecclestone divorced him in 2017 after six years and has moved to the US with their three kids.
The 2018 divorce settlement between the £5.5 billion couple is estimated to had been the finest in megastar
At the mute time’s monetary ruin hearing is the most fresh twist in what each and every men acknowledge is a elaborate relationship between Mr Stunt and his stale higher 1/2’s father.
In an interview with Tatler magazine final year, Stunt took aim at Mr Ecclestone, referring to him as ‘that dwarf Bernie’ whereas calling his companion Slavia ‘Lady Macbeth’
Mr Ecclestone later hit abet and instructed that treatment had been responsible for the breakdown of his dau