Court Ruling Removes Hurdle to a VW Takeover
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The decision strikes down one of Europeâs most visible symbols of protectionism and clears the way for Porsche to take control of Volkswagen, Europeâs largest automaker.
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An appeals court yesterday removed the final obstacle standing in the way of a merger between Whole Foods and Wild Oats, setting the stage for the nation's two largest sellers of organic and natural foods to combine operations.
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European Court of Justice finds Germany's 'Volkswagen Law' to protect hostile takeovers invalid, too restrictive of the free movement of capital.
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Formula One supremo Bernie Ecclestone has claimed he will be unaffected by a landmark High Court ruling. Ecclestone&#39;s grip on the sport was potentially loosened yesterday when a judge ruled in favour of the
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The ruling allows Porsche to take over Volkswagen and is a milestone in Europeâs development of an open market.
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A German law that prevents a foreign takeover of carmaker Volkswagen is ruled illegal by the top EU court.
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BRUSSELS : The European Commission sued the German government after it ignored demands to amend a law that protects national car icon Volkswagen from hostile takeover.
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A decision from Germany's highest court resolves confusion over police power to covertly install spyware on the computers of suspected criminals.
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A German court last week lifted a ban on tuition. 'Elite' is in; 'egalitarian' is out.
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The Dutch Supreme Court overturned a ruling that had blocked ABN Amro from selling its United States subsidiary, LaSalle Bank in Chicago, to Bank of America.
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Volkswagenâs chairman, Ferdinand Piech, may join the board of the truck maker MAN, of which Volkswagen owns a 29.9 percent stake, MAN said. Mr. Piech, along with an executive with Volkswagenâs truck division, Stephan Schaller, will be among those directors whom shareholders will vote on during the May 10 annual meeting, MAN said. Mr. Piech, above, and Mr. Schaller would join Rupert Stadler, an executive with Volkswagenâs Audi subsidiary. Volkswagen has been pushing for an alliance formed of itself, MAN and Sania, another truck maker.
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Overnight in London a High Court judge ruled in favor of three shareholder banks who sought to gain control of a business they majority own, but is presently stacked with directorâs friendly to Formula One boss Bernie Ecclestone, that ensures he retains
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The European Court of Justice ruled illegal on Tuesday a German law that shields car maker Volkswagen AG from foreign takeovers.
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The European Commission has begun legal action against Germany over the so-called &quot;Volkswagen law&quot; which protects the carmaker from hostile takeovers.
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The Williams F1 team has accepted the decision by the Contract Recognition Board that Jenson Button is bound to drive for BAR in 2005, and won&#39;t try to challenge the judgement by some other means, believing that any further legal action would not be in
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A European Union high court upheld several Anheuser-Busch trademarks and dismissed a challenge from Czech brewing rival Budvar on Tuesday, the latest ruling in a century of disputes relating to the name "Budweiser."
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The Securities and Exchange Commissionâs approval removed the last regulatory hurdle to the creation of a trans-Atlantic stock exchange.