Executives seek ‘dismissals’ ruling
Ms Justice Maureen Clark said she would give her decision tomorrow and her considered judgment later on the application by chief executive John Nagle and chief financial officer John Williamson who claim the company chairman, Bob Thian, had acted without authority and breached the company’s own rules in announcing their dismissal.
Yesterday, on the third day of the hearing, the court heard a letter from Payzone CEO John Nagle to company chairman Bob Thian earlier this month “could not have been more insulting or offensive to the chairman of any company”.
