Personal financial distress in 2022 led to sale, with price in dispute
Oisin Fanning, chairman of San Leon Energy PLC. Photo: Bloomberg
Oisin Fanning, the executive chairman of embattled oil company San Leon, had his exclusive multi-million pound London home repossessed by a specialist lender after he defaulted on repayments.
He now claims that the lender, Guernsey-based Tenn Capital, sold the property in London’s West End for millions less than it was worth, leaving Mr Fanning with an alleged shortfall of £4.5m (€5.1m). He is suing Tenn Capital for damages and seeking injunctive relief, including rescission of the loan from the group.
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