A senior member of the Barclay family faces a petition from a leading private bank to declare him personally bankrupt, in the latest legal drama for the owners of The Telegraph.
The Telegraph and The Spectator are no longer up for auction after Abu Dhabi-backed RedBird IMI helped the Barclay family repay its £1.2bn debt to Lloyds.
Retired businessman Sir Frederick Barclay has been ordered to keep his ex-wife up to date on what efforts are being made to raise money he owes her.A judge who has overseen a long-running High Court fight over money said in August that Lady Hiroko Ba.