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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

JCB heir fails to take control of US company at centre of legal row with ex-best friend

The late US pop star Michael Jackson's Neverland ranch
The case revealed a previously unreported plan by Jo Bamford to buy the Neverland ranch once owned by the pop star Michael Jackson, who died in 2009. Photograph: Armando Aroriyo/EPA

The heir to the digger company JCB has failed in an attempt to take control of a business run by his former best friend after a bitter US courtroom battle that included lurid allegations about personal conduct – and even revealed an apparent attempt to buy Michael Jackson’s Neverland ranch.

Jo Bamford, a grandson of the JCB founder, sued Joseph Manheim last year in Delaware, claiming that his former friend had “surreptitiously” taken control of a company they set up to help wealthy, mainly Chinese, investors get residence in the US. Bamford, 44, a self-styled “green entrepreneur”, claimed Manheim secretly siphoned millions of dollars from the business and Bamford sought damages of $13.8m (£11.3m).

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