no assets

But it told the BBC it was made aware Jamie has no assets, and none are held by the company.

In court filings, lawyers for Cher said the singer was "concerned that any funds distributed to Elijah will be immediately spent on drugs, leaving Elijah with no assets to provide for himself and putting Elijah's life at risk".

“That had some symbolic value for them but will gain them nothing” since he has no assets, he said.

But Borrell has said that under the EU plan, no assets would be taken, only the windfall profits they make.

“We have a lot of businesses that are no longer in business, they’ve gone through closing the business, they have no assets.”