Court comes to the rescue of leading Payzone pair

THE chief executive and chief financial officer of electronic payments firm Payzone secured a High Court injunction last night preventing their removal from the company.

The injunction, granted by Mr Justice George Bermingham, restrains Payzone as treating chief executive John Nagle and chief financial officer John Williamson as being dismissed from their employment with Payzone.

A second injunction restrains the company from treating Mr Nagle and Mr Williamson as having been removed from their offices as directors of Payzone.