Business Media China AG: Settlement in lawsuit with Julius Bär Kapitalanlage AG
Jul 11, 2008
Business Media China AG and Julius Bär Kapitalanlage AG have settled a lawsuit, pending since 2001, proposed by the court of appeal in Frankfurt am Main.
In 2001 Dino entertainment AG (as from 2002 due to change of company name: CNV AG; as from 2005 due to change of company name: Business Media China AG) sued Julius Bär Kapitalanlage AG for damages. Plaintiff lost the case in the Lower Court in Frankfurt am Main and appealed with a claim of more than EURO 6.5 million before the parties settled the case as follows:
1. Julius Bär Kapitalanlage AG pays to Business Media China AG EURO 1,000,000.00 plus 5% interest since 16 October 2001.
2. Plaintiff pays 85% of costs, defendant pays 15% of costs.
Therewith the legal dispute is settled, whereof the legal ground is dated back in the days of Dino entertainment AG.
For more information:
Business Media China AG
Rotebühlstrasse 87
DE-70178 Stuttgart
invest@businessmediachina.com
Edwin van der Geest
+41 43 268 32 30
back
Links
» Advertising Media» Exhibitions & Publishing
Current Share Price
…more
Latest News
Aug 26, 2008
Continued growth and a positive quarterly result in Q2/2008
Business Media China AG has achieved a sales volume of EUR 7.5 million in the second quarter 2008.
...moreJul 30, 2008
Business Media China trades in the Prime Standard as of today
The German Stock Exchange has accepted Business Media China’s application for the Prime Standard
...moreJul 18, 2008
Deutsche Boerse accepts all Business Media China shares for trading – Application for Prime Standard listing submitted
Following the acceptance of the prospectus by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) on June 27, 2008, the german stock exchange (Deutsche Boerse) admitted yesterday
...moreJul 17, 2008
BMC obtains further advertising space at Beijing airport for Coca-Cola
Stuttgart/Beijing, July 17, 2008 - BMC Flying Dragon, the airport advertising company of the Business Media China AG, obtained further advertising space in the new terminal 3
...more
