Former-Vivendi Universal boss Jean-Marie Messier, who left the entertainments conglom after its finances became crippled last summer, has won his court battle for £14.25m in severance pay.
Vivendi Universal were claiming that the severance package should not be paid, because it had never been approved by the board. But a New York arbitration tribunal ordered Vivendi Universal to pay its former chairman and chief executive the money he claims he is owed. Vivdendi now plan to appeal through both the US and French courts.