Tiffany: responds to LVMH'S demand
(CercleFinance.com) - Tiffany has responded to the opposition filed by LVMH to Tiffany's request to expedite its lawsuit in Delaware Chancery Court.
LVMH has asked the Court to hold the trial in six or seven months.
Board Chairman, Roger Farah said, "LVMH's opposition to our motion to expedite is the latest attempt to run out the clock to avoid fulfilling its obligations under the Merger Agreement. If LVMH were confident in its legal position, it would have no reason to oppose an expedited trial schedule. We urge the Court to hold the trial on a timetable that will enable a decision before the November 24 termination date in the Merger Agreement."
"If LVMH were confident in its legal position, it would have no reason to oppose an expedited trial schedule. We urge the Court to hold the trial on a timetable that will enable a decision before the November 24 termination date in the Merger Agreement."
Copyright (c) 2020 CercleFinance.com. All rights reserved.
LVMH has asked the Court to hold the trial in six or seven months.
Board Chairman, Roger Farah said, "LVMH's opposition to our motion to expedite is the latest attempt to run out the clock to avoid fulfilling its obligations under the Merger Agreement. If LVMH were confident in its legal position, it would have no reason to oppose an expedited trial schedule. We urge the Court to hold the trial on a timetable that will enable a decision before the November 24 termination date in the Merger Agreement."
"If LVMH were confident in its legal position, it would have no reason to oppose an expedited trial schedule. We urge the Court to hold the trial on a timetable that will enable a decision before the November 24 termination date in the Merger Agreement."
Copyright (c) 2020 CercleFinance.com. All rights reserved.