The court catches the parcel guy in a forgery scheme. A British entrepreneur named Jacob Corlett, along with his mother Tamara Gregory, forged documents to try to steal control of the Yodel delivery company, a High Court judge ruled. Mr Justice Fancourt said the share warrant papers were fakes, calling the signatures suspicious and likely forged. The judge stated both Corlett and his mother lied to the court about the documents, describing Corlett as a terrible witness. This failed attempt was aimed at blocking Yodel's legitimate sale to the Polish logistics group InPost for one hundred six million pounds.
The ruling is a big win for InPost, ending Corlett's claim to own over sixty percent of Yodel through the fake warrants. InPost's international CEO, Michael Rouse, called the judgment extraordinary and said it protected the company's integrity, hinting at more legal action. This forgery case is just one part of a bigger legal mess. Corlett faces separate accusations of siphoning millions from Yodel during his brief ownership last year, claims he denies, which will get their own trial.
Yodel, which employs around ten thousand people, was sold to Corlett for one pound in a rescue attempt before the InPost deal. He was seen as a savior but quickly faced allegations of misusing company funds, including moving millions to businesses tied to him and his mother. Corlett denies knowing about these payments. The court's decision removes a major obstacle for InPost's takeover, finally bringing some clarity after a period that threatened Yodel's survival.
The ruling is a big win for InPost, ending Corlett's claim to own over sixty percent of Yodel through the fake warrants. InPost's international CEO, Michael Rouse, called the judgment extraordinary and said it protected the company's integrity, hinting at more legal action. This forgery case is just one part of a bigger legal mess. Corlett faces separate accusations of siphoning millions from Yodel during his brief ownership last year, claims he denies, which will get their own trial.
Yodel, which employs around ten thousand people, was sold to Corlett for one pound in a rescue attempt before the InPost deal. He was seen as a savior but quickly faced allegations of misusing company funds, including moving millions to businesses tied to him and his mother. Corlett denies knowing about these payments. The court's decision removes a major obstacle for InPost's takeover, finally bringing some clarity after a period that threatened Yodel's survival.
