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The appeal hearing brought by Phones 4U (in administration) is now underway at the Royal Courts of Justice.
Administrators launch battle to slash networks’ lEGAL COSTS The administrators of Phones4U face a staggering legal bill of £77.2 million from the networks they sued in addition to their own costs of around £29 million. This arises from Phones4U’s unsuccessful four-month trial during its administration, where they claimed all the mobile networks colluded to push
Phones 4U (In Administration) has lost its case against the mobile networks iin which it accused them of colluding to shut the retailer down in 2014.
Lack of investment made acquisition unattractive
Private meeting may have breached competition law – Barrister
Allegations of network collusion are “simple and unsensational” – EE barrister
High Court hears claims of collusion
Convicted murderer Chris Collier was one of Phones4U billionaire’s first managers
Former Phones4U boss John Caudwell has once again been named as the UK’s richest mobile phone industry tycoon, according to The Sunday Times’ Rich List.
Rising smartphone costs have fuelled a demand for leasing solutions