LVMH, Tiffany wrangle over court dates after acquisition turns sour

📆 17-09-20 20:06:00
📰 ChannelNewsAsia

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LVMH said on Thursday it had asked a U.S. court to reject a request by U.S. jeweller Tiffany , which is seeking to fast-track legal proceedings ...

PARIS: LVMH on Thursday tried to block an attempt by Tiffany to fast-track legal proceedings in the United States to force the French luxury group to honour an acquisition deal agreed last year.

LVMH, run by France's richest man Bernard Arnault, said in a statement it saw no reason to fast-track the case and argued that having a trial in six to seven months' time would allow the parties to prepare properly.

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