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CLARA MOSCHINI

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Volare Group: judicial inquiry to stay in Busto Arsizio

Varese, Italy - Minority stockholder objections rejected

Jurisdiction appeal has been turned down: the state of insolvency will be declared in Busto Arsizio (Varese), not in Vicenza, as lawyers for minority stockholders Gino Zoccai and Marcello Crestani and for former CEO, Vincenzo Soddu, had requested. Court of local Civil Tribunal established it: so objections which support that Vicenza Tribunal was competent court, due to Volare Group's corporate domicile...

AVIONEWS - World Aeronautical Press Agency - 109289

AVIONEWS - World Aeronautical Press Agency
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