Suit Against Deutsche Bank CEO To Move Forward

Law360, New York (January 25, 2006, 12:00 AM EST) -- A media tycoon’s allegations that Deutsche Bank AG’s chairman helped bankrupt his company through remarks in a news interview will be heard in court, after a federal judge in Germany allowed the case to move forward.

Kirch Media Group Founder Leo Kirch sued Deutsche Chief Rolf Breuer after his company’s April 2002 freefall into insolvency. The suit accused Breuer and the bank of being part of a conspiracy to destroy his company by suggesting banks had lost confidence in the firm.

Kirch’s previous lawsuits and investigations...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.