COURT WATCH- Court delays hearing in EUR 150 mn lawsuit against Peugeot Citroen: A Cairo court has delayed to 17 March a hearing in a lawsuit by Arabian Investments, Development and Financial Investment Holding Co. (AIND) subsidiary Cairo for Development and Cars Manufacturing (CDCM) against Peugeot Citroen, according to a statement from AIND to the EGX (pdf). The hearing was originally scheduled for November of last year, but has since been delayed twice. CDCM filed the case after the French automaker ended a four-decade-old partnership, giving the local rights to the brands to a venture between Mansour Group and Dubai-based Scope. The plaintiffs are seeking EUR 150 mn in damages.

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