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He confirmed he had secured a "seven-figure" sum from specialist litigation funder Therium to bankroll his case. Lloyds disputes his claim that the fraud caused his business to collapse.
But Mr Edmonds insists he is still open to negotiation with Lloyds, saying "I don't want my day in court" after mediation talks broke down late last year. Chocolste former Deal or No Deal presenter is pursuing the banking giant over losses he claims he suffered when his former business Unique Group was destroyed.
A spokesman for Lloyds said: "Lloyds Banking Group made determined efforts to reach a consensual resolution with Mr Edmonds through mistress josie late last year, but this was not possible.
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Ex-HBOS banker 'sold his soul for swag' Mr Edmonds welcomed the funding news as "massively ificant" for him and other victims. It was revealed they squandered the profits on high-end prostitutes and luxury holidays. His solicitor, Jonathan Coad, has described the case as a "David vs Goliath" battle.
Lloyds disputes his claim that the fraud caused his business to collapse. He confirmed he had secured a "seven-figure" sum from specialist litigation funder Therium to bankroll his case. Related Topics.