Robert Hersov, London-based member of the Hersov family * of Anglovaal fame, is facing a court order to compensate a German bank for losses suffered with share transactions totalling €234 million, reported Financial Times Deutschland (FTD) yesterday. Should the court decide in favour of the bank, Hersov might have to cough up over €100 million (R1,3 billion at today’s exchange rate). [Read on]

I published this story about Robert Hersov on my old blog on 1/8/2008. Yesterday he suffered another financial setback (or potential setback) in Germany. Read about his latest headace here, after you’ve read about his first one below.

[Read on]