Ardonagh’s £625,000 loan to rival’s employee not made to secure 'loyalty'


An offshore company associated with UK broking house The Ardonagh Group paid a £625,000 loan to an employee of a rival firm without any intention of securing his “agreement” or “loyalty” to join the group despite him later doing so, according to defence submissions filed at the UK High Court.

Want to read this article?

Register your details for FREE access to this article - and ALL our premium content

You will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive


If you have already registered you can SIGN IN now