Aberdeen oil boss has £155million lawsuit alleging legal conspiracy dismissed

Aberdeen oil boss has £155million lawsuit alleging legal conspiracy dismissed
by Allister Thomas
Updated: January 11, 2021, 8:47 am
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An Aberdeen oil boss who alleges several firms conspired against him has had his £150million legal battle dismissed.
Bob Kidd founded ITS Tubular Services (ITS) in 1989, but it went into administration in 2013.
He claims a conflict of interest between those acting for him resulted in the collapse of his business and the value of his shares becoming “worthless”.
In a landmark victory in 2018, Mr Kidd settled his case against Burness Paull for £20million over their handling of the sale of ITS.

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