"The facts of the matter are that no official or trustee of Pontypridd RFC Ltd has ever received a formal proposal from Mr Samuel in respect of the Sardis Road ground which they could have properly considered, " said Thomas.

BBC: [an error occurred while processing this directive]

As the trial has progressed, lawyers representing Lehman, liquidation trustee James W. Giddens and the official committee of unsecured creditors have probed various witnesses over a number of disputed assets that they contend should not have been part of the deal.

FORBES: Lehman Left In The Dark After Barclays Sale, Exec Says