Grosvenor Law has successfully represented Nick Candy and Candy Ventures in their long-running court battle against technology entrepreneur Robert Bonnier, with the High Court awarding damages of £4.6m plus interest.

The Court ruled that Bonnier had lied “repeatedly and determinedly” to secure millions of pounds in investment from Mr Candy’s venture fund before his social media start-up, Aaqua, imploded in 2022.

Mr Justice Bright cited that Bonnier had demonstrated a “widespread and reckless pattern of lying” and had made a series of false claims that Apple and LVMH, the luxury goods company, were poised to invest in Aaqua.

News of the High Court’s decision was published in The Times, The Telegraph, The Financial Times, and The Independent, and across the legal, trade and regional press.