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- A judge has ruled in favour of two ultra-wealthy property developers, Nick Candy and Christian Candy, in a sensational £130 million claim brought by former friend Mark Holyoake.
- The lengthy trial saw Holyoake accuse the pair of blackmail, extortion, and intimidation in relation to a property deal that went sour.
- “The Judge saw through his lies and dismissed every one of Mr Holyoake’s claims,” the Candy brothers say.
Super-wealthy property developers and brothers Nick Candy and Christian Candy have won a £130 million court case against their former friend and fellow developer Mark Holyoake.
The long-running court battle saw Holyoake accuse the pair of blackmail, extortion, and intimidation in relation to a complex London property deal that turned sour.
The brothers said in a statement: “We have won the case. The judgment shows that Mr Holyoake and his accomplices are well-practised liars and forgers of documents, and Mr Holyoake even lied to the Court repeatedly as part of the High Court proceedings. The Judge saw through his lies and dismissed every one of Mr Holyoake’s claims.
“It has taken a great deal of time and effort to win this case and it has caused unwarranted damage to our personal and business lives. The claim should never have been brought. We look forward to time more positively spent with our families and in our respective businesses.”
Justice Nugee, the judge presiding over the case, said: “None of the protagonists emerge from the trial with great credit. Each has been shown to have been willing to lie when they consider their commercial interests justify them doing so.”
The case has proven sensational for delving into the Candy brothers and a supporting cast of celebrities and Russian oligarchs.
The Candys are London’s best-known luxury property developers, and have a joint net worth of £600 million. They are responsible for One Hyde Park, the penthouse of which sold for (a rumoured) £140 million in 2013 — making it the single largest residential sale in the UK at the time.
This is a developing story …
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