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2021-05-20
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Dutch Court Orders Ghosn to Pay Back $6.1 Million to Nissan
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":130367766,"tweetId":"130367766","gmtCreate":1621513987955,"gmtModify":1634188532945,"author":{"id":3581848819650492,"idStr":"3581848819650492","authorId":3581848819650492,"authorIdStr":"3581848819650492","name":"Ireneccw","avatar":"https://static.tigerbbs.com/3fecf2432b3116f2857d8c1407ae1c6c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":6,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Tes</p></body></html>","htmlText":"<html><head></head><body><p>Tes</p></body></html>","text":"Tes","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/130367766","repostId":1141455606,"repostType":4,"repost":{"id":"1141455606","pubTimestamp":1621512157,"share":"https://www.laohu8.com/m/news/1141455606?lang=&edition=full","pubTime":"2021-05-20 20:02","market":"us","language":"en","title":"Dutch Court Orders Ghosn to Pay Back $6.1 Million to Nissan","url":"https://stock-news.laohu8.com/highlight/detail?id=1141455606","media":"Bloomberg","summary":"Former executive had sought 15 million euros in lost pay\nCourt says Ghosn didn’t have a formal emplo","content":"<ul>\n <li>Former executive had sought 15 million euros in lost pay</li>\n <li>Court says Ghosn didn’t have a formal employment contract</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a11efa1f09e327cd1fec3da8809440a\" tg-width=\"1400\" tg-height=\"933\"><span>Carlos Ghosn Photographer: Hasan Shaaban/Bloomberg</span></p>\n<p>Carlos Ghosn was ordered to pay nearly 5 million euros ($6.1 million) to a local unit of Nissan Motor Co. by a Dutch court in one of the first rulings in a legal battle between the fallen auto executive and his former employer around the world.</p>\n<p>The former chairman has “no right to fair compensation, transitional compensation or arrears of salary” as no employment contract existed between him and Nissan-Mitsubishi BV, an Amsterdam-based joint venture called NMBV, the district court in the Dutch capital said in a ruling published Thursday. The amount covers net remuneration received by Ghosn from April to November 2018, the court said.</p>\n<p>The case in the Netherlands is just one of many legal fights between Nissan and Ghosn, who found sanctuary in Lebanon at the end of 2019 after slipping out of Japan, where he was indicted on charges of under-reporting compensation. Nissan has sued Ghosn for 10 billion yen ($92 million) in damages. There are also two criminal proceedings in Japan against people accused to helping Ghosn perpetrate crimes, essentially making them proxies to the former chairman of Nissan and Renault SA.</p>\n<p>“We are pleased that the court has dismissed Carlos Ghosn’s unfounded claims against NMBV and ordered Mr. Ghosn to repay the significant sums he appropriated unlawfully,” said Nissan spokeswoman Lavanya Wadgaonkar, declining to comment further because “judicial proceedings concerning Mr. Ghosn’s misconduct are underway in other jurisdictions.”</p>\n<p>A spokeswoman for Ghosn didn’t immediately respond to a request for comment.</p>\n<p>Ghosn, whose name didn’t appear in the ruling but was identified as a “claimant residing in Lebanon,” sued his former employer for 15 million euros in 2019, arguing that he was wrongfully dismissed. Nissan’s lawyers last year told the court that ending Ghosn’s employment was justified, citing factors including his long-term detention in Japan as well and questionable tax payments by NMBV.</p>\n<p>The court said, however, that Ghosn was employed by Nissan International Holding BV from July 1, 2012, and that the employment contract with that corporate entity came to an end on April 1, 2018.</p>\n<p>The arrest of Ghosn and Greg Kelly, a former Nissan director, triggered shock waves through Nissan and its global carmaking alliance with Renault and Mitsubishi Motors Corp. Nissan’s profits slumped to a decade low, and score-settling resulted in an exodus of top executives. The turmoil left the manufacturers in a weaker position as they seek to navigate an industry being disrupted by a shift to electric vehicles and self-driving cars.</p>\n<p>Ghosn, whose spectacular escape from Japan added even more drama to the unusual corporate saga, remains in Beirut and seeking to restore his reputation. Apart from taking interviews, he has started a website, published abookand is working on a documentary.</p>\n<p>Tokyo prosecutors have pursued their case against Kelly and Nissan for underreporting Ghosn’s income by more than 9 billion yen. Kelly has denied the charges, while Nissan has pleaded no contest. That trial is currently ongoing, with Kelly’s testimony set to wrap up in early July.</p>\n<p>Michael and Peter Taylor, two Americans who were extradited to Japan to face charges of helping Ghosn flee the country, will have their first hearing in Tokyo next month.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dutch Court Orders Ghosn to Pay Back $6.1 Million to Nissan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDutch Court Orders Ghosn to Pay Back $6.1 Million to Nissan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 20:02 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-05-20/dutch-court-orders-carlos-ghosn-to-return-6-1-million-to-nissan?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Former executive had sought 15 million euros in lost pay\nCourt says Ghosn didn’t have a formal employment contract\n\nCarlos Ghosn Photographer: Hasan Shaaban/Bloomberg\nCarlos Ghosn was ordered to pay ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-20/dutch-court-orders-carlos-ghosn-to-return-6-1-million-to-nissan?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NSANY":"日产汽车"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-20/dutch-court-orders-carlos-ghosn-to-return-6-1-million-to-nissan?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141455606","content_text":"Former executive had sought 15 million euros in lost pay\nCourt says Ghosn didn’t have a formal employment contract\n\nCarlos Ghosn Photographer: Hasan Shaaban/Bloomberg\nCarlos Ghosn was ordered to pay nearly 5 million euros ($6.1 million) to a local unit of Nissan Motor Co. by a Dutch court in one of the first rulings in a legal battle between the fallen auto executive and his former employer around the world.\nThe former chairman has “no right to fair compensation, transitional compensation or arrears of salary” as no employment contract existed between him and Nissan-Mitsubishi BV, an Amsterdam-based joint venture called NMBV, the district court in the Dutch capital said in a ruling published Thursday. The amount covers net remuneration received by Ghosn from April to November 2018, the court said.\nThe case in the Netherlands is just one of many legal fights between Nissan and Ghosn, who found sanctuary in Lebanon at the end of 2019 after slipping out of Japan, where he was indicted on charges of under-reporting compensation. Nissan has sued Ghosn for 10 billion yen ($92 million) in damages. There are also two criminal proceedings in Japan against people accused to helping Ghosn perpetrate crimes, essentially making them proxies to the former chairman of Nissan and Renault SA.\n“We are pleased that the court has dismissed Carlos Ghosn’s unfounded claims against NMBV and ordered Mr. Ghosn to repay the significant sums he appropriated unlawfully,” said Nissan spokeswoman Lavanya Wadgaonkar, declining to comment further because “judicial proceedings concerning Mr. Ghosn’s misconduct are underway in other jurisdictions.”\nA spokeswoman for Ghosn didn’t immediately respond to a request for comment.\nGhosn, whose name didn’t appear in the ruling but was identified as a “claimant residing in Lebanon,” sued his former employer for 15 million euros in 2019, arguing that he was wrongfully dismissed. Nissan’s lawyers last year told the court that ending Ghosn’s employment was justified, citing factors including his long-term detention in Japan as well and questionable tax payments by NMBV.\nThe court said, however, that Ghosn was employed by Nissan International Holding BV from July 1, 2012, and that the employment contract with that corporate entity came to an end on April 1, 2018.\nThe arrest of Ghosn and Greg Kelly, a former Nissan director, triggered shock waves through Nissan and its global carmaking alliance with Renault and Mitsubishi Motors Corp. Nissan’s profits slumped to a decade low, and score-settling resulted in an exodus of top executives. The turmoil left the manufacturers in a weaker position as they seek to navigate an industry being disrupted by a shift to electric vehicles and self-driving cars.\nGhosn, whose spectacular escape from Japan added even more drama to the unusual corporate saga, remains in Beirut and seeking to restore his reputation. Apart from taking interviews, he has started a website, published abookand is working on a documentary.\nTokyo prosecutors have pursued their case against Kelly and Nissan for underreporting Ghosn’s income by more than 9 billion yen. Kelly has denied the charges, while Nissan has pleaded no contest. That trial is currently ongoing, with Kelly’s testimony set to wrap up in early July.\nMichael and Peter Taylor, two Americans who were extradited to Japan to face charges of helping Ghosn flee the country, will have their first hearing in Tokyo next month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/130367766"}
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