AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Sherlock sends NFC a writ

3rd November 1994
Page 8
Page 8, 3rd November 1994 — Sherlock sends NFC a writ
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• NFC has received a writ—reportedly claiming 21.3m—from former chief executive Peter Sherlock. He is claiming compensation for loss of office following his hasty departure in August. At that time the press reported that Sherlock, who was employed on a three-year contract, was set to pick up a 2750,000 pay-off from the company. NFC now denies any payment has been made, but that a figure is under negotiation.

n The move comes as NFC negotiates the sale of BRS Car Delivery to shipping firm John I Jacobs.