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Helicopters. Finmeccanica-Contract with India: the Italian Civil Court of Milan confirms the prohibition to pay collateral

Rome, Italy - The Milan Court upheld almost all the claims, recognizing the patently abusive behaviour of the Indian Defence Ministry

Finmeccanica informs that today the Court of Milan –upholding the appeal lodged by its subsidiaries AgustaWestland S.p.A. and AgustaWestland International Ltd seeking an emergency interim ruling on the resolution by the Indian Defence Ministry of the contract to supply 12 AW 101 VVIP/VIP helicopter – confirmed the ruling issued last January 8, prohibiting, as a preventive measure, Deutsche Bank S.p...

cla/mos - 1159069

AVIONEWS - World Aeronautical Press Agency