BELGIUM: InBev faces further legal claims - report

By | 16 April 2007

Inbev is set for further legal challenges from former senior staff, according to local reports.

The Belgian brewer, which last week would not be drawn on claims its former CEO is lining up legal claims, will face further claims from management, most of which left in 2004 - the same year in which the brewers Interbrew and AmBev merged to form the giant.

Daily paper Le Soir said over the weekend that former sales director Juan Vigara is among the former staff threatening InBev over the financial terms of their golden handshake deals.

Inbev was unavailable for comment as just-drinks went to press.

Late last week, InBev would not be drawn on claims, again in Le Soir, that John Brock, who vacated the CEO position in December 2005, is taking legal advice over the EUR30m (US$40.6m) he believes the brewer owes him.

The report, which did not cite sources, claimed that InBev is prepared to pay Brock EUR10m, but is questioning the remaining EUR20m, which includes stock options which were cancelled as Brock did not spend three years at the head of the company.

Sectors: Beer & cider

Companies: InBev

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