BRIEF OBJECTS
BRIEF OBJECTS
ABS WINS COURT DISPUTE WITH MTI IN LONDON
Advanced Banking Solutions (ABS), which markets the Abraxys banking system, won its court battle against Management Technologies Incorporated (MTI), when a London court ruled that ABS is an independent, UK registered company. This decision means that ABS is wholly owned by Ray Cork, ABS' chairman, the company directors and staff. The dispute had centred on whether ABS was legally able to register the transfer of 200 ordinary shares in ABS beneficially
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