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An ex-partner at one of Britain's top law firms has been ordered to pay out around £30m in damages to a Saudi princess - after being sued by her over his management of her investments.

Ronald Gibbs, 66, a former partner at Linklaters, claims his life has been ruined as a result of being locked in 'warfare' with Saudi royals.

But a judge found Gibbs had misappropriated money after he agreed to set up and manage a $25m investment fund for Princess Deema Bint Sultan Bin Abdulaziz Al Saud in 2011. https://www.dailymail.co.uk/news/article-13109255/Linklaters-lawyer-Saudi-princess-30million-superyacht.html

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Ron Gibbs, former head of asset finance at Linklaters, died on August 30. He was 68. Ron is remembered by his former team-mates and competitors as an extremely good technical lawyer, but perhaps most for his generosity and irrepressible sense of fun. [NO MENTION OF FAMILY OR CAUSE OF DEATH]

Gibbs was extremely successful as a lawyer but also a very talented businesses man. When he was at Linklaters he owned several pubs in Richmond and was co-owner of a chain of local estate agents.

After leaving Linklaters in 2006 he bought and then flipped the former Royal Navy shipyard in Gibraltar (which he had planned to make a superyacht refit yard). He was also involved in various other yachting-related businesses, including establishing Silver Arrows Marine, a motor yacht venture with Mercedes Benz, named after their racing team.

Gibbs was one of a small group of lawyers credited with creating the yachting law industry. https://www.superyachtinvestor.com/news/ron-gibbs-obituary-lawyer-and-yachting-entrepreneur/

(http://www.autoadmit.com/thread.php?thread_id=5782810&forum_id=2\u0026show=6hr#49323525)