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Guy Hands begins court battle with government over military homes investment

Annington Homes claims that the UK government attempts to unwind privatisation deal is unlawful

An acrimonious legal tussle between a property company owned by Guy Hands’ private equity firm Terra Firma and the UK government reached London’s High Court on 13 February.

Annington Homes is seeking a judicial review of an attempt by the Ministry of Defence to compulsorily buy back military homes that it sold to Nomura Holdings, Hands’ previous firm, back in 1996.

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