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News Wire / economy

Lyon Commercial Court Favors Chinese Firm Over Cooperative

France Culture Lyon 11d Impact 5
The Lyon Commercial Court ruled in favor of a Chinese company regarding the takeover of Van Correx. The court awarded the Chinese firm both the patents and the company despite it planning to retain less than 10% of the existing workforce.

Topics

Van Correx Lyon Commercial Court labor rights

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Sources · 7 independent

France Culture

“it was an quite unjust failure by the Lyon commercial court which preferred to give a Chinese factory both the patents and the company.”

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