Published On: Tue, Jan 19th, 2010

Globespan legal action comes to court

The collapse of Globespan will be examined by a High Court judge on Tuesday.

The administrators of the Edinburgh-based travel firm have raised a legal action against the company that dealt with it´s online ticket sales.

Globespan collapsed in December, leaving an estimated 3,400 holidaymakers stranded in Spain, Portugal, Cyprus and Egypt.

However, the firm later claimed it had never received around £35 million for tickets bought online.

PricewaterhouseCoopers has now raised legal action against payment firm E-clear.

The case reached the High Court last week but was adjourned after a brief hearing.

Mr Justice Floyd, sitting in London, agreed to halt the hearing for a week to give E-Clear more time to respond.

The judge also ordered E-Clear to provide details of its assets, which will be disposed off prior to legal proceedings.

Claims that E-Clear owed £35 million to the collapsed travel firm will be heard by another Judge, Mr Justice Vos, on Tuesday.

via Globespan legal action comes to court | Edinburgh and East | STV News.

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