EasyJet founder and major shareholder Stelios haji-Ioannou has threatened to sue the EasyJet’s executives if it went ahead with a £4.5bn plane order from Airbus.
Ioannou said he would start legal action if it spent ‘a penny’ on new planes. He singled out the CFO suggesting that the reason he wants to borrow £600m from the UK government to carry it through the coronavirus crisis is to pay Airbus.
He went on to say that the loan was as a misuse of taxpayers money and said that the Airbus order might result in the airline failing to repay the money to the UK government.
Suffering a dispute can have serious implications on you and your livelihood and reputation. Our business solicitors will quickly and efficiently put your case together and act on your behalf. Call Vijay Srivastava or Shalish Mehta in our civil and commercial litigation department on 0161 624 6811(Option 6) or email vjs@wrigleyclaydon.com or sm@wrigleyclaydon.com. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.
Latest posts by Shalish Mehta (see all)
- Liverpool Football Club win High Court Case against marketing firm which introduced them to BetVictor - 14th January 2021
- COVID-19 vaccine: UK government gives Pfizer legal indemnity to protect it from being sued - 3rd December 2020
- Harry Dunn’s parents lose high court legal challenge over immunity case - 3rd December 2020
- Dementia in Football: Taskforce to be created by PFA to examine issue of brain injury diseases - 2nd December 2020
- Economy Adviser initiates legal proceedings against the government over the closure of hospitality venues - 24th October 2020
