Independent journal on economy and transport policy
15:31 GMT+2
CMA'S CAPITAL INCREASE IS VALIDATED
(Fairplay)
September 22, 1997
The much publicised dispute between Johnny and Jacques Saade, the founder brothers of CMA, has taken a new twist. Marseilles Tribunal of Commerce has held that Johnny Saade's call for CMA to be put into receivership in order to demonstrate CMA's alleged unsound financial situation is a clear abuse of his minority position. The tribunal also validated the ...... Read more on Fairplay
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