Volkswagen: Court Overturns Deal with Former Audi Boss Stadler
19 Articles
19 Articles
Volkswagen and ex-audi manager Rupert Stadler agree on a settlement in the exhaust gas scandal in 2021 in order to end liability disputes. Shareholders agree to the deal by a majority. However, the Celle Higher Regional Court declares the action to be ineffective.
In 2021 Volkswagen had concluded a liability comparison with the former Audi boss for more than 4.1 million euros. A court has now annulled it.
In 2021 Volkswagen had concluded a liability comparison with the former Audi boss for more than 4.1 million euros. A court has now annulled it.
Volkswagen paid 300 million euros in damage to ex-audi boss Rupert Stadler in the exhaust scandal. In the end, he didn't have to pay anything. Now a court is overturning the deal.
A few months after the Group's legal attempts to remedy the diesel scandal, the Oberlandesgericht (OLG) Celle raises new questions: The comparison of liability with former Audi CEO Rupert Stadler has been declared null and void. OLG Celle has declared the liability comparison between the VW Annual General Meeting and the former Audi CEO Rupert Stadler annulled© picture alliance/dpa/AP Pool [...]
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