Hands lodged an application with the High Court in September asking that PwC, Hawkpoint Partners and American Appraisal hand over valuation reports and written communication relating to valuations when Citigroup took control of EMI from Terra Firma in February, the Financial Times reports.
Hands' barrister claimed that the joint administrators were not validly appointed and that the sale of EMI was undervalued or should not have taken place at all.
The submission to the court stated that the sale ...
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