Digital technology firm Motive Television said it had won a battle over share rights in a spat with a former employee.
The company said the High Court had ruled against Andre Vanyi-Robin, who claimed he was owed around £183,000 after not receiving Motive shares that should have been issued to him.
The former Barcelona employee had said this was payment for the purchase of his shares in Adecq S. L. (now called Motive Television S.L.).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
However, the court rejected the claim and awarded costs against him.
Vanyi-Robin is now appealing against the judgment but Motive said it was confident the appeal would be dismissed.
"Most of Mr Vanyi-Robin's other claims against the company relate to his dismissal for gross misconduct," the company added.
"The company believes these claims have no foundation and will continue to contest them with the utmost vigour."
The 30 house price hotspots
While we have seen house prices sliding, these sought-after locations have seen prices jump by at least 5% over the previous 12 months
By John Fitzsimons Published
Working parents will be entitled to 15 hours free childcare for two-year-olds from next year
The government has extended free childcare hours to working parents of two-year olds but it won’t be automatic so make sure you don’t miss out
By Marc Shoffman Published