MP & Silva wins the dispute with Chinese group Everbright

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentLONDON, April 01, 2026 (GLOBE NEWSWIRE) — The English High Court has granted a comprehensive victory to Riccardo Silva and Marco Auletta in the dispute with Chinese group Everbright over the sale of MPS (MP & Silva) in 2016.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentIn a judgement delivered on March 31, 2026, the High Court of Justice dismissed in full the Chinese group’s claims for damages, finding no wrongdoing or responsibility on the part of the former shareholders.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentThe case stemmed from Everbright’s acquisition of a 65% stake in MPS completed in 2016 through its subsidiary Jinxin Inc. At the time, the London-based MPS group was regarded as a global leader in the distribution of sports television rights.Article contentArticle contentAfter just two years under new ownership, the Chinese group decided to shut the business down in 2018 and initiated legal proceedings before the High Court against MPS’s selling shareholders, seeking rescission of the sale and damages based on alleged misrepresentations during the transaction. After an exhaustive 12-week trial, the Court has now dismissed all these claims in their entirety.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe judgment concludes that Everbright’s claims were entirely unfounded and provides a comprehensive victory for the former MPS’s shareholders at the time of the sale, with the Judge establishing that the Chinese buyers did not understand the business they were acquiring.Article contentMP & Silva lawyers affirm “Enyo Law are delighted that, after an exhaustive 12-week trial in the English High Court, the claims brought against Riccardo Silva and Marco Auletta by Jinxin Inc, in relation to its purchase of 65% of the MPS business in 2016, have been dismissed in their entirety.Article contentThe judgment provides a strong and comprehensive victory for Riccardo Silva and Marco Auletta, with the Judge commenting that he had the clear sense that Jinxin Inc did not understand the business that it was buying.”Article contentFor more information:Press Office LaPresse – ufficio.stampa@lapresse.itArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Suncor reveals expansion plans as key oilsands mine enters its last decade Energy Terence Corcoran: Canada hates Trump but loves his economics FP Comment KPMG faces OSC allegations of blown audit in private credit collapse Finance U.S. within 'weeks' of oil shortages if war in Iran continues: Eric Nuttall Oil & Gas ‘Revoke the agreement’: Alberta-Ottawa energy pact faces pushback Energy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Suncor reveals expansion plans as key oilsands mine enters its last decade Energy Terence Corcoran: Canada hates Trump but loves his economics FP Comment KPMG faces OSC allegations of blown audit in private credit collapse Finance U.S. within 'weeks' of oil shortages if war in Iran continues: Eric Nuttall Oil & Gas ‘Revoke the agreement’: Alberta-Ottawa energy pact faces pushback Energy