The battle between Nicola Horlick and property tycoon Vincent Tchenguiz is reported to have taken a fresh twist after the pair held a secret meeting.
It is understood that the two sides are now even more bitterly entrenched after Horlick demanded that Tchenguiz scrap his extraordinary meeting and she tried to clarify the terms of Bramdean's fund-management contract with Bramdean Alternatives.
Tchenguiz's Elsina, which is Bramdean's biggest shareholder, has submitted a requisition notice with the intention of replacing the fund's board.
Sunday Times, Business, p3