Music

EMI/Citibank lawsuit is taking place in New York to keep Guy Hands tax-free

Darren Atwater | Monday 18 October, 2010 10:19

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No Rock & Roll Fun points out that EMI financier Guy Hands, whose company, Terra Firma, is currently suing Citibank over alleged misleading information insisted that the lawsuit take “place in New York rather than the more appropriate London, because if he came to London,” it would ruin Hands tax avoidance scheme. Hands never visits the UK, where his family lives, for tax purposes.

Something to remember about the Citi-Hands trial [No Rock & Roll Fun]

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