Once again, an Appeals Court dismissed yet another claim brought against Porsche SE. Porsche SE wins another Appeals Court case: Last week the Higher Regional Court of Braunschweig dismissed a shareholder’s appeal against a ruling passed down by the lower Regional Court of Braunschweig. The original ruling by the Regional Court of Braunschweig dismissed a damages claim against Porsche Automobil Holding SE, Stuttgart (“Porsche SE”).
According to Porsche’s holding company, the rock-solid legal defense mounted by Porsche SE has once again been validated by the Higher Regional Court of Braunschweig’s decision. Similarly, the Higher Regional Court of Stuttgart established original precedent by dismissing a claim filed in March 2015 that was very similar to this one.
The issues of this current case involve Plaintiff filing a claim for approximately 132,000 euro in alleged damages on grounds of “deliberate immoral damage” (Record No. 7 U 59/14). Once this initial claim was dismissed by the Regional Court of Braunschweig, Plaintiff went on to file the instant appeal here in question.
Porsche SE is said to be pleased by this decision by the Higher Regional Court of Braunschweig, in particular because further appeal to the Federal Court of Justice (Bundesgerichtshof) based strictly on points of law is not available to the Plaintiff.
In fact, Porsche SE enjoys a 2-0 advantage insofar as this is the second ruling by appeals courts in Porsche SE’s favor. Furthermore, none of the courts have been convinced by the plaintiffs’ charges against Porsche SE in all previous six rulings adjudicated in a row.