Porsche/Volkswagen Takeover: Former Porsche CFO Sentenced For Credit Deception

In my view, the criminal action based on credit deception always had to be a side show in the great Porsche/Volkswagen saga. It was relatively insignificant, given the size of the securities and civil litigation, on which it has no impact, and the fact that the “victim”, BNP Parisbas, did not suffer a damage. Charges were brought nevertheless, and today, Härter was found guilty and sentenced.

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Arbitration in England vs. Arbitration in Germany – Joint Seminar organised by English Bar Council and DAV, June 21, 2013

On June 21, 2013, the Bar Council of England and Wales and the German Bar Association’s International Section are hosting a seminar in Hamburg which might be of interest to readers. One session is looking at arbitration in the two jurisdictions: Continue reading