By  on May 19, 2011

PARIS — Hermès International has come out swinging against the French Association for Minority Shareholders, or ADAM, accusing it of “aggression” in its ongoing quest to blunt the will of the controlling family.

Hermès was informed this week that ADAM filed a request with the Commercial Court here asking it to waive the family’s voting rights at the firm’s annual shareholders meeting here May 30. The court is slated to referee the request on May 24.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus