Ousted CEO Peter Moyo wins another court battle against Old Mutual

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Law Law Headlines News

The Johannesburg high court has shot down Old Mutual’s attempt to prevent its axed CEO Peter Moyo from returning to work.

that the court dismissed the insurer’s application to stop Moyo’s return until its appeal process is concluded.

“The application is dismissed in its entirety and the applicant is ordered to pay costs,” said Judge Brian Mashile on Friday.The court had ordered Old Mutual to reinstate Moyo as CEO but the insurer barred him from returning to work, opting to appeal that ruling instead. Old Mutual said it got legal advice that it can prevent Moyo from returning but it also filed an application, seekingAt the same time, Mashile granted Old Mutual leave to appeal his July judgment that the insurer should reinstate Moyo. He ruled that Moyo’s dismissal in June was illegal because Old Mutual did not afford him a disciplinary hearing after accusing him of gross misconduct before firing him.

He ordered the insurer to reinstate him but Old Mutual appealed the ruling saying it believed a different judge could reach a different conclusion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BREAKING NEWS: Peter Moyo 2, Old Mutual 0, as high court rules for Moyo againThe court dismissed the insurer’s application to stop Moyo’s return until its appeal process is concluded
Source: BDliveSA - 🏆 12. / 63 Read more »