Dispute over Vw Comparisons

Neue Zürcher Zeitung

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A good four years ago, the Volkswagen Group quickly agreed on civil-law comparisons with manager liability insurers and the former top managers Winterkorn and Stadler. The BGH now collected a later resolution from the Annual General Meeting.

Sueddeutsche Zeitung

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In 2021, the VW Annual General Meeting decided to compare liability with the board members Winterkorn and Stadler. Following a decision of the Federal Court of Justice, the dispute must be renegotiated.

Herbert Frommes Versicherungsmonitor

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Automaker VW and its D&O insurers have to renegotiate a liability comparison with former CEO Martin Winterkorn and other managers in the course of the diesel scandal. In its decision on Tuesday, the Federal Court of Justice overturned one of the largest D&O comparisons in the recent past. This could have far-reaching consequences for the D&O market, as well as managers, companies and insurers, the renowned lawyer Mark Wilhelm expects. VW [...]

Heise

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The liability comparisons negotiated in 2021 with the former board members Winterkorn and Stadler will be brought to justice again.

Capital.de

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The diesel scandal does not let go of Volkswagen even after ten years. According to a ruling of the Federal Court of Justice, the former head of the company Winterkorn and ex-Audi-Boss Stadler will face a higher private liabilityThe Volkswagen shareholders will have to vote again for CEO Martin Winterkorn after a ruling of the Federal Court of Justice (BGH) over a 270 million euro heavy comparison with the manager liability insurers of the forme…

stern.de

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The Federal Court of Justice (BGH) in Karlsruhe will decide on agreements that Volkswagen concluded with former managers in the diesel scandal on Tuesday (09.00 a.m.). Against the payment of a fixed sum, former VW CEO Martin Winterkorn and former head of VW subsidiary Audi, Rupert Stadler, were exempted from further possible claims for damages. Shareholders' associations complained against. (Az. II ZR 154/23)During the pandemic in July 2021, the…