The real cross-examination for Guy Hands is only just beginning.
It was always going to be difficult for the Terra Firma founder to prove his case that Citigroup had behaved fraudulently when Terra Firma made its disastrous purchase of EMI in 2007.
Private Equity
After Guy Hands’ defeat, an even bigger challenge awaits
Comment: The EMI trial was always going to be a long shot, Terra Firma has another huge hurdle to overcome
