Hedge funds suing Porsche suffer setback at German court
Hedge funds suing Porsche SE for 1.36 billion euros (£1.12 billion) over its failed attempt to take over Volkswagen in 2008-2009 suffered a setback at a German court on Monday. The regional court in Stuttgart, where sports-car maker Porsche is based, expressed strong doubts about the case brought by hedge…
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