Sacked trader loses wrongful dismissal appeal

An oil trader who was sacked because he was said to be not in a fit state after a heavy night out in Singapore has lost his damages action for wrongful dismissal.

The Daily Telegraph reports that Andrew Kearns, 38, was employed by Glencore UK from January 2009 until October 2010, when he was summarily dismissed for serious misconduct after missing a series of meetings on the business trip.

Contesting the action at London's High Court, Glencore said he failed to attend critical meetings in the morning, at lunchtime and in the afternoon of October 11 and it was the latest in a series of alcohol-related incidents.

The married father of three was not in court to hear Judge Richard Seymour QC make a costs order against him on the higher indemnity basis, with an interim payment due of £150,000.

He said: 'This claim was ludicrous - it should never have been advanced'.

To access the complete Daily Telegraph article hit the link below:

Ex-Glencore oil trader loses 'wrongful dismissal' claim for heavy night out

Lloyds fined £28m for 'sell or be demoted' incentive plan

image: © L.C. Nøttaasen

Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...