FRANCE: LVMH, Morgan Stanley Case To Resume May 26
A commercial court judge on Tuesday ruled luxury goods giant LVMH does not have to disclose more evidence in its $100 million suit against investment bank Morgan Stanley. Judge Jean-Pierre Eck also set the next hearing for the case, in which LVMH claims Morgan Stanley's research on the luxury retailer was biased due to its close investment banking relationship with rival Gucci Group NV, for May 26.
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