A private equity firm has won a $47.3m summary judgment against Tahir Lakhani for failure to repay outstanding loans.

Justice David Foxton in the High Court in London made the judgment in favour of claimant Nordic Trustee, the loan security agent that had a personal guarantee from Lakhani for loans.

The loans were provided by lenders Njord Partners, its affiliate NPSSF Debt Co and Delaware-registered AIE III Investments, which are also claimants in the case.