Mrs Gilhespie, who is chief executive of both South Tees Development Corporation and Tees Valley Combiend Authority , was giving evidence at the High Court on Monday during the case that has been brought by STDC against neighbouring port company PD Ports over access rights at the former Redcar steelworks site.
had launched a bid to purchase PD Ports in the Summer of 2021 after the harbour company’s owners indicated it was interested in selling it, although the sale was withdrawn in November that year despite a number of bids being made. PD Ports claimed at the time that the current litigation being heard in court was a ploy by the development corporation to drive its price down to be bought more cheaply, although STDC has denied this.
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