West Ferry Printers joint owners, Hollinger and Northern & Shell (N&S), will have to wait another week for a verdict from the High Court that could determine the future of the Docklands plant.
Last Friday (13 July) the vice chancellor of the chancery division, Sir Andrew Morritt, said he would reserve judgement for two weeks on the case.
The outcome will decide if Hollingers letter of intent to buy N&S share of West Ferry was completed in accordance with the original formula agreed with former Express owner United News & Media.
The ruling could also determine how the price for N&S 50% stake would be worked out.
A spokeswoman for N&S said: "We await the verdict with interest and a measure of confidence."
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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
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