Remember Don Panoz, the man who built up Elan Corporation virtually from scratch and who a couple of years ago retired as chairman to concentrate on other passions such as wine and golf? Panoz has his own Chateau Elan vineyard in Georgia (the American one not the one in the Caucasus) and is involved in golf resort development.

Now, however, Panoz faces one of his biggest fights - against the blue-rinsed, Pringle jumper-wearing, golf traditionalists of St Andrews, who are horrified at his plans for a £50 million golf resort and 208-hotel just outside the Scottish town. Current Account doesn't have much interest in golf but remembers St Andrews from a student field trip many years ago as a truly dismal grey place.

Opposition to the plans comes from local luminaries with names like Penny Uprichard and Jenny Hopgood who want the place left alone and who are horrified at the Panoz plans for what locals have described as the "Disneyland of Golf".

The row is due before the courts in Edinburgh next week.