As part of our coverage of the Porsche/Volkswagen saga, we also try to keep track of the criminal proceedings it triggered. Today’s FAZ (print only) reports that in April 2014, the Federal Supreme Court (Bundesgerichtshof) upheld the sentence against Holger Härter, the former Porsche CFO, for credit deception (Kreditbetrug). Read More
Tag: Porsche
Hedge Fund Litigation: Porsche’s Victory in Braunschweig
Here ist an update on the epic litigation battle that follows from Porsche’s failed take over of Volkswagen. Hedge funds try to recover losses suffered at the time and sue Porsche for billions of damages. The court cases have taken them on a Tour of Germany. Today, it was the Braunschweig District Court (Landgericht) which was scheduled to hand down decisions in three of the actions pending against Porsche. Read More
Porsche Litigation Comes to Frankfurt
We had covered the jurisdictional journey of the various claims brought by hedge funds against Porsche in relation to the failed Volkswagen take-over before. To the best of my knowledge, courts in London, New York – both federal and state court, so New York counts twice – Stuttgart, Braunschweig and Hannover have been dealing with various aspects of these claims so far. Der SPIEGEL now reports that new claims have been issued in Frankfurt. Read More
Dispute Resolution Germany in 2013 – Top Ten Posts
With the year end in sight, I looked back at what posts you read most in 2013. The three main categories that Dispute Resolution Germany covers – arbitration, litigation and mediation – are all represented. Investment arbitration emerges as THE hot topic, with four entries in the top ten. Arbitration in total accounts for seven posts. Here are the top ten posts: Read More