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)
- Nike is suing New York studio MSCHF and musician Lil Nas for trademark infringement over its Satan Shoes - 4th April 2021
- Former footballer turned agent, Barry Silkman wins £800,000 legal battle over ex-wife’s estate - 18th March 2021
- Family of Argentinian Footballer, Emiliano Sala, to launch legal action over footballer’s death - 18th March 2021
- UK High Court rules Health Minister, Matt Hancock acted unlawfully in granting Covid-19 contracts - 5th March 2021
- Qualcomm is being sued over alleged anti-competitive behavior in the UK - 1st March 2021
