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End of the road for Eddie Stobart's famous lorries? Haulage firm in legal row with ex parent company over who owns the name

Eddie Stobart could disappear from the roads in a row over who owns the name.

The haulage firm’s name – which appears on 2,500 lorries and has its own spotters’ club – is at risk because of a legal battle between Eddie Stobart Logistics and its ex-parent firm Stobart Group.

Stobart Group went public in 2007, then decided to focus on airports and green energy.

Legal row: Eddie Stobart Logistics could be forced to pay GBP50m to Stobart Group for the right to use the name on trucks

The trucking division, ESL, floated for GBP550million last year – with Stobart Group retaining rights to the name and a 12.5 per cent stake.

Now, Alex Laffey, ESL’s boss, has been told he can use the name for GBP3million a year, buy the rights to it in Britain forever for GBP15million, or get exclusive use for GBP50million.

Laffey said he might ditch it entirely if no compromise is reached.

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