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25 November 2017 The on-line newspaper devoted to the world of transports 04:44 GMT+1



SEPTEMBER 22, 1997

CMA'S CAPITAL INCREASE IS VALIDATED

The much publicised dispute between Johnny and Jacques Saade, the founder brothers of CMA, has taken a new twist. Marseilles Tribunal of Commerce has held that Johnny Saade's call for CMA to be put into receivership in order to demonstrate CMA's alleged unsound financial situation is a clear abuse of his minority position. The tribunal also validated the ......
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