Ardonagh defence claims Gallagher’s Matson targeted Burton with “cliff-vest” loan

David-Ross-and-Simon-Matson

The Royal Court heard today that Gallagher CEO Simon Matson sought to tie Peter Burton, former broker at Gallagher subsidiary Alesco, to the firm for seven years through a “cliff-vest” loan of £625,000 ($825,00) before Burton eventually joined Bishopsgate.

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