John Duffield, the founder of New Star, will not be appearing in court during the case brought against his former company by Patrick Evershed.
Investment Week understands Duffield, who has previously been accused by former colleague Evershed of "bullying" staff when he ran New Star, will not be called as a witness by the defence, and has not issued a witness statement. It means Duffield cannot be cross-examined by Evershed's legal team during the hearing for constructive dismissal taking place at an employment tribunal in London, despite his alleged actions being at the heart of the case. Ex-New Star fund manager Evershed, now 70, is fighting for lost earnings amounting to over £1m, after claiming he was the victim of constr...
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