Successful conclusion of a EUR 30 million lawsuit with Herbst Kinsky: Supreme Court fully vindicates our clients
After a legal dispute lasting almost eleven years, our team led by Christoph Herbst, Wolfgang Schwackhöfer and Stephan Lenzhofer was able to obtain full vindication for our three French clients – former members of the supervisory board of a nationalised bank. The claim for damages of more than EUR 30 million due to alleged inactivity of the supervisory board was dismissed in its entirety both at first instance and before the Supreme Court.
The trial comprised 24 days of hearings in the first instance and a court expert report of over 800 pages.
Not least these figures underline the importance of precise, well thought-out litigation and the value of sound expertise in highly complex proceedings.