{"id":621555,"date":"2018-11-12T04:35:11","date_gmt":"2018-11-12T04:35:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/court-begins-hearing-eur-150-mn-lawsuit-against-peugeot\/"},"modified":"2018-11-12T04:35:11","modified_gmt":"2018-11-12T04:35:11","slug":"court-begins-hearing-eur-150-mn-lawsuit-against-peugeot","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/court-begins-hearing-eur-150-mn-lawsuit-against-peugeot\/","title":{"rendered":"Court begins hearing EUR 150 mn lawsuit against Peugeot"},"content":{"rendered":"

Court begins hearing EUR 150 mn lawsuit against Peugeot:<\/strong> A lawsuit brought by Arabia Investments, Development and Financial Investment Holding Company (AIND) subsidiary Cairo For Development and Cars Manufacturing (CDCM) against Peugeot Citroen for unexpectedly ending their 41 year-old partnership began in a Cairo court on Sunday<\/a>. The plaintiffs are seeking damages of EUR 150 mn. The Peugeot-Citroen arm of Groupe PSA had selected a consortium of Mansour Group and Dubai-based Scope Investment to be its licensed distributor of Peugeot vehicles in Egypt in November of last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Court begins hearing EUR 150 mn lawsuit against Peugeot: A lawsuit brought by Arabia Investments, Development and Financial Investment Holding Company (AIND) subsidiary Cairo For Development and Cars Manufacturing (CDCM) against Peugeot Citroen for unexpectedly ending their 41 year-old partnership began in a Cairo court on Sunday. The plaintiffs are seeking damages of EUR 150 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[11043,11377,957,72,3040,1566,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621555","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-arabia-investments","tag-arabia-investments-development-and-financial-investment-holding","tag-dispute-watch","tag-enterpriseam","tag-mansour-group","tag-peugeot","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"da3a5639-8a60-4c89-aad4-5c878acfa80c","order":"0","is_powered_by":true,"section_story_id":"a15c2e1a-a0ba-4774-adfd-bc946bc3f9e7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621540],"teaser":"","voice_url":""},"yoast_head":"\nCourt begins hearing EUR 150 mn lawsuit against Peugeot - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/court-begins-hearing-eur-150-mn-lawsuit-against-peugeot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court begins hearing EUR 150 mn lawsuit against Peugeot\" \/>\n<meta property=\"og:description\" content=\"Court begins hearing EUR 150 mn lawsuit against Peugeot: A lawsuit brought by Arabia Investments, Development and Financial Investment Holding Company (AIND) subsidiary Cairo For Development and Cars Manufacturing (CDCM) against Peugeot Citroen for unexpectedly ending their 41 year-old partnership began in a Cairo court on Sunday. 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(AIND) against Peugeot Citroen. CDCM brought the case after the French automaker ended\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600644,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypt-court-delays-peugeot-citroen-cdcm-case-hearing-to-17-march\/","url_meta":{"origin":621555,"position":2},"title":"Egypt court delays Peugeot Citroen CDCM case hearing to 17 March","author":"enterpriseam admin","date":"5 February 2019","format":false,"excerpt":"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\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633122,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/cdcm-looking-to-replace-peugeot-with-a-chinese-car\/","url_meta":{"origin":621555,"position":3},"title":"CDCM looking to replace Peugeot with a Chinese car","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"Cairo for Development and Cars Manufacturing (CDCM) is looking to replace the loss of Peugeot with a Chinese brand, an unnamed shareholder in parent company Arabia Investments, Development and Financial Investment Holding Company told Al Mal on Sunday. The company is mulling between Bisu Auto or GAC Motors as their\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603482,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/arabia-investments-hearing-against-peugeot-postponed-until-9-june\/","url_meta":{"origin":621555,"position":4},"title":"Arabia Investments hearing against Peugeot postponed until 9 June","author":"enterpriseam admin","date":"23 April 2019","format":false,"excerpt":"The court hearing for a case brought by Arabia Investments Holding (AIH) against Peugeot has been postponed until 9 June, reports Al Mal. AIH had sued the French automaker for damages worth EUR 150 mn for allegedly breaking terms of contract.","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637887,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/cdcm-pursues-legal-action-against-peugeot\/","url_meta":{"origin":621555,"position":5},"title":"CDCM pursues legal action against Peugeot","author":"enterpriseam admin","date":"28 November 2017","format":false,"excerpt":"CDCM pursues legal action against Peugeot: Arabia Investments, Development and Financial Investment Holding Company (AIND) announced yesterday that subsidiary Cairo For Development and Cars Manufacturing (CDCM) has formally started legal proceedings against Peugeot Citroen for unexpectedly ending their 41 year-old partnership. 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