The English High Court dismissed claims by a former business partner of Thomas Flohr, the founder and chairman of Vista Global.
The allegations related to a business venture predating VistaJet dating back over two decades.
The decision was handed down in a 59-page judgment earlier today (a copy is included at the end).
The claimant is Frontiers Capital I Limited Partnership.
Vista Global was not a party to any of the allegations.
However, lawyers representing Frontiers tell Private Jet Card Comparisons they will be “issuing a new claim in the High Court in London seeking damages and recovery of its losses against Mr. Flohr on the grounds of his alleged dishonesty and fraudulent conduct.”
In addition to VistaJet, Vista Global…
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