LVMH, Tiffany wrangle over court dates after acquisition turns sour | Malay Mail

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PARIS, Sept 17 — LVMH tried yesterday 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's US$16 billion (RM66.04 billion) purchase of Tiffany hit the rocks last week after the...

Friday, 18 Sep 2020 08:50 AM MYTPARIS, Sept 17 — LVMH tried yesterday 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.

The hearing on Tiffany's fast-track request is set for September 21. Should the court decide against it, Tiffany's chances of obtaining a ruling in less than two months would dim significantly. It accused Tiffany of trying to rush a decision to avoid scrutiny of its management of the Covid-19 pandemic.

 

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