SCOR launches criminal action against Covéa and CEO Derez
29-01-2019
SCOR rejects takeover offer by Covéa
04-09-2018
Shutterstock/photobyphm
The Paris Commercial Court has ruled that Covéa chairman and chief executive Thierry Derez committed a "serious breach" of his legal and fiduciary duties and obligations as a director of SCOR, ordering him to pay the French reinsurer €19.6 million in compensation for the damage plus interest.
The rest of this article is locked. Please login to continue reading.
If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.
To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.
For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk
Covéa, SCOR, Thierry Derez, Takeover, Court, Judgment, Misconduct, Lawsuit, Reinsurance, France, Europe
