Cases & Deals

U.S. industrial group litigates USD 42 million claim under SPA

Clients U.S. industrial group

Jones Day represents an American industrial group seeking indemnification against the sellers and a former manager of a French company for fraudulent misrepresentations in relation to the accounts of the French company and the resulting overvaluation of the shares of the French company and claims by the French tax authorities. Amount at stake: over USD 40 million

American industrial group v. group of sellers