Snowie assets to be seized
Millionaire businessman Euan Snowie has had his estate sequestrated.
Both Mr Snowie, of Boquhan near Kippen, and his wife Claire are subject of the sequestration order brought by London-based finance house Close Brothers and granted at Stirling Sheriff Court on August 1.
Sequestration is the process through which a person’s assets are seized by a court-appointed trustee to pay creditors.
Claire Middlebrook of Middlebrooks Business Recovery, Edinburgh, is the trustee in Mr and Mrs Snowie’s case.
Mr Snowie made a fortune from his family waste management firm, which in 2001 was paid £38 million for the disposal of millions of animal carcasses following the nationwide foot-andmouth outbreak. The company was sold in 2005 for £40 million.
Ms Middlebrook told the Observer: “My role is to realise any assets that are in Mr and Mrs Snowie’s estate for the benefit of creditors.
“He is a well known businessman with quite a lot of varied interests and at the moment we are trying to understand the full picture.”
Ms Middlebrook asked any creditor of the couple to submit a claim to her.
Mr Snowie and his wife Claire, both 49, separated in February. Since then she has been living in a farmhouse on the estate, while he is occupying Boquhan House.
The businessman, who tried unsuccessfully to ban ramblers from Boquhan, has been no stranger to Stirling Sheriff Court recently.
He was fined £1000 in 2016 for assaulting his elder daughter Louise and admonished when he appeared at Stirling Sheriff Court in April for behaving in a threatening manner by smashing windows in his wife’s farmhouse.