Nissan Sues Ghosn in Japan, Seeks $91 Million in Damages (3)

Feb. 12, 2020, 10:09 AM UTC

Nissan Motor Co. is stepping up its pursuit of claims against former Chairman Carlos Ghosn, suing for 10 billion yen ($91 million) in damages from the former leader of the Japanese automaker and its alliance with Renault SA.

The lawsuit filed in Yokohama District Court seeks to “recover a significant part of the monetary damages inflicted on the company by its former Chairman as a result of years of his misconduct and fraudulent activity,” Nissan said in a statement Wednesday. The amount of the claim may rise depending on fines and penalties that Nissan will be obliged to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.