Stallion Group has filed an enchantment towards a Federal High Court judgment delivered in Lagos on Friday, in a industrial dispute involving United Bank for Africa (UBA) Plc.
The enchantment issues Suit No. FHC/L/CS/2074/2023, UBA Plc & Ors v. Stallion Nigeria Ltd & Ors, which arose from a industrial dispute initiated by UBA in 2023.
A press release signed by Abdulsalam Gaffar Olatokunbo on behalf of Stallion Group on Friday stated it disagreed with the courtroom’s resolution and believed there have been grounds for appellate evaluate.
“Having reviewed the judgment with its legal advisers, the Group considers that there are strong grounds for appellate review and is determined to pursue its rights through the courts,” the assertion stated.
The group disclosed that it had filed a Notice of Appeal on the Court of Appeal, alongside an utility for a keep of execution of the judgment pending the listening to and dedication of the enchantment.
Stallion Group stated it might pursue the enchantment whereas respecting the judicial course of.
“The Group has confidence in the appellate courts and in their ability to consider the issues raised on appeal,” it added.
The firm additionally assured its staff, prospects, enterprise companions and different stakeholders that its operations remained ongoing regardless of the authorized dispute.
“The Group’s operations continue,” the assertion stated.
It urged stakeholders to depend on verified data fairly than hypothesis or sensational reviews, noting that the matter was now earlier than the appellate courtroom.
