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Babcock's HDW claim thrown out.
Publication: Europe Intelligence Wire Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Financial Times Ltd.
(From Lloyds List)
THE D'sseldorf regional court has rejected a multi-million lawsuit of bankrupt industrial group Babcock Borsig against its former shipbuilding subsidiary Howaldtswerke-Deutsche Werft, writes B'lent Erdogan in Cologne .
Babcock claimed €524m ($633)from HDW arguing that the shipyard had financed its takeover by US investor One Equity...
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