Independent journal on economy and transport policy
02:32 GMT+1
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Panalpina reaches a preliminary agreement in order to place term to a class action in the USA
the Helvetic group will pay 35 million dollars
October 24, 2013
The logistic group Helvetic Panalpina has announced to have reached a preliminary agreement of composition between the parts in order to place term to an action of class in the United States relative to regarding anti-competitive practices the application of soprannoli that is instituted in 2008 against a consisting number of shippers airplane, between which Panalpina.
The understanding previews the payment by Panalpina of 35 million dollars, number - it has specified the group - that includes 5,8 million dollars of proceeds obtained previously in a different action of class against some airlines. The Swiss group has specified that the transaction is subject to the approval of the American court and will have an impact on the results of fourth trimester 2013.
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The logistic group Helvetic Panalpina has announced to have reached a preliminary agreement of composition between the parts in order to place term to an action of class in the United States relative to regarding anti-competitive practices the application of soprannoli that is instituted in 2008 against a consisting number of shippers airplane, between which Panalpina.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
