Investors spin to Dutch courts to replenish VW losses

Lawyers behind a US lawsuit opposite Volkswagen have set adult a European structure to capacitate institutional investors around a universe to replenish billions of dollars in indemnification from a German carmaker over a emissions scandal. Bernstein Litowitz Berger Grossmann, lead warn in a US category movement opposite Volkswagen headed by a £1.4bn Arkansas state grant fund, is one of dual law firms behind a new substructure directed during recouping income for investors in a carmaker by a Dutch courts.

Lawyers contend a fusillade of authorised movement will store vigour on Volkswagen to strech a allotment with investors nursing complicated waste on a behind of a scandal.

In January, law firms from Germany and a US filed a collateral markets claim, identical to a common lawsuit in a US, on interest of a US institutional financier that has suffered a “big loss”.

…