Billionaire pervert admits defeat

[motorbiking]

For me the issue is not 20 year old sexual misconduct, but the attempt to improperly influence and cover up

https://www.fca.org.uk/publication/decision-notices/robin-crispin-william-odey-2025.pdf

 

[blup]

If you own a company how can it sack you?

 

[motorbiking]

If you own a company how can it sack you?

founder... but it happens all the time.

Read para 2.5 - 2.11

He called a meeting of the execs of which he was the only exec in attendance and stopped the proceedings.

 

[blup]

But if you control the shares you control appointment of directors who in turn hire and fire staff. What protection do staff have at the end of the day.

 

[motorbiking]

But if you control the shares you control appointment of directors who in turn hire and fire staff.

exactly.

What protection do staff have at the end of the day.

all the usual ones - employment law etc.

 

[noseall]

all the usual ones - employment law etc.

Don't forget criminal law - sexual assault/harassment/misconduct for example (in case you forgot).

 

[motorbiking]

Don't forget criminal law - sexual assault/harassment/misconduct for example (in case you forgot).

I didn't, but thanks anyway

 

[noseall]

I didn't

Your mate Odey did.

 

[motorbiking]

Your mate Odey did.

He's a lawyer's dream.

 

[blup]

exactly.

all the usual ones - employment law etc.

Employment cant stop someone being sacked though.

 

[motorbiking]

Employment cant stop someone being sacked though.

It's quite rare, but a tribunal can order reinstatement. its more common to compensate you for the unlawful termination.

 

[Highway Man]

If you own a company how can it sack you?

Steve jobs?

 

[Brigadier]

For me the issue is not 20 year old sexual misconduct...

That doesn't come across well

 

[blup]

Steve jobs?

Didn’t he sell his controlling interest?. It’s interesting how company profits can drop when their founder sells up. The bloke who started Kwikfit was brought back in after the private equity buyers realised it wasn’t a straightforward cash cow. By contrast the woman who started Dunelm Mill was kept on as a consultant when she floated the company and it seems to be a continuing success story.

 

[Highway Man]

Didn’t he sell his controlling interest?. It’s interesting how company profits can drop when their founder sells up. The bloke who started Kwikfit was brought back in after the private equity buyers realised it wasn’t a straightforward cash cow. By contrast the woman who started Dunelm Mill was kept on as a consultant when she floated the company and it seems to be a continuing success story.

No they sacked him, then took him back on years later to save Apple,