The proceedings of the new case are in addition but separate to ongoing claims being pursued against Ingenious Media.

Law firm Peters & Peters has said that it is representing a group of investors, including former sports stars, suing Scion Films for losses incurred as a result of investments in film tax schemes. 

The proceedings are in addition to, but separate from, the ongoing claims, reported by this publication, being pursued against Ingenious Media, the law firm said in a statement.

Scion promoted a number of tax schemes for films such as Atonement, Eastern Promises and Mr Bean’s Holiday.

Peters & Peters is representing claimants seeking redress for losses incurred to HMRC that it says have arisen as a consequence of three Scion film schemes, which were promoted and managed by Scion Limited and its subsidiary companies.

“These film tax schemes were clearly mis-sold to clients, who had been advised that they were legal and had been approved by HMRC.” said partner at Peters & Peters, Jonathan Tickner, who is leading the case. “Our clients, which include former premiership footballers, have all suffered significant financial loss with some facing bankruptcy. Given the finite earning potential of sportsmen, and the fact that the schemes were invested in good faith, they are seeking to redress this injustice.’’ 

This publication has contacted Scion for a comment, and will update in due course.