Pepkor loses its bid for leave to appeal against Tekkie Town ruling | IOL Business Report

DURBAN – Steinhoff International subsidiary Pepkor has lost yet another round against its former Tekkie Town executives for the control of the sneaker maker after the Western Cape High Court refused its application for leave to appeal against a court order granted in April.

“However, out of principle, Pepkor believes that this order infringes on its right to do business and intends to petition the Supreme Court of Appeal for leave to appeal the order.” During the hearing, Steinhoff attempted to convince the court that Steinhoff did not, in fact, control Pepkor.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Oil price spike diminishes chances of fuel price cut | IOL Business ReportA stronger rand had seen the Central Energy Fund (CEF) on Friday predict an 11 cent per litre decline in price of unleaded 95 octane petrol in October
Fuente: IOL - 🏆 46. / 51 Leer más »