Fiat Group may have to wait until 2015 for a trial over the value of some Chrysler Group shares owned by a union healthcare fund, further delaying a plan to combine the two companies.
Tag Archives: Acquisitions
Porsche plaintiffs lose bids for access to German prosecutors’ files
Plaintiffs seeking damages against Porsche SE over its failed takeover of Volkswagen in 2008 have been denied access to German prosecutors’ files that might have helped their civil lawsuits.
Saab parent’s $3 billion lawsuit versus GM thrown out by U.S. judge
Dutch sports car maker Spyker NV’s $3 billion lawsuit accusing General Motors Co. of trying to bankrupt Swedish automaker Saab was dismissed today by a U.S. judge who said the U.S. automaker had the right to block the sale of a company using its technology.
Spyker sued GM in August 2012, seeking damages and accusing the U.S. automaker of trying to stop a deal with Zhejiang Youngman Lotus Automobile Co. and eliminate a potential rival in the growing Chinese market.
