Appeal against ruling of Commercial Court, Zurich in favour of ARYZTA AG.
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ARYZTA AG /
Appeal against ruling of Commercial Court, Zurich in favour of ARYZTA AG.
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Zürich / Switzerland, 3 June 2011.
Peter J. Lehner & Partner AG ('Lehner') has appealed to the Swiss Federal Court
(Schweizerisches Bundesgericht) the judgment of the Commercial Court of the
Canton of Zurich (Handelsgericht des Kantons Zürich) in favour of ARYZTA AG
('ARYZTA') dismissing Lehner's claim.
Lehner (a former Hiestand shareholder) took a legal action against ARYZTA
asserting, in essence, entitlement under the Hiestand Holding AG ('Hiestand')
and IAWS Group plc ('IAWS') August 2008 merger, to a price for its Hiestand
shares equal to the price IAWS paid Lion Capital for its former Hiestand shares
under their contract.
ARYZTA has consistently maintained that the claim was without merit and will
vigorously defend the appeal.
Enquiries:
Paul Meade
Communications Officer
ARYZTA AG
Tel. +41 (0) 44 583 42 00
info(at)aryzta.com
--- End of Message ---
ARYZTA AG
Talacker 41 Zurich Schweiz
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Source: ARYZTA AG via Thomson Reuters ONE
[HUG#1521209]
Unternehmensinformation / Kurzprofil:
Datum: 03.06.2011 - 18:30 Uhr
Sprache: Deutsch
News-ID 55291
Anzahl Zeichen: 1869
contact information:
Town:
Zurich
Kategorie:
Business News
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