20/08/2010
NEWS STORY
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The Queen's Bench Division in the High Court of Justice in London has issued an order compelling Force India to pay 1,074,730 euros, plus damages and interest at the rate of 8%, to Aerolab.
The order is the first firm result in the dispute between the two companies over unpaid fees for services rendered by Aerolab to Force India.
As a result of the retaliatory action already taken by Force India, it is expected that Aerolab's Director, Mr Jean Claude Migeot, will soon be charged pursuant to a criminal complaint filed in Bologna. Aerolab is confident in the positive outcome of all judicial matters in this affair.
Aerolab believes that Force India's strategy will be to try and force it into a settlement that the company has no intention of accepting.
It is understood that the upcoming Italian Grand Prix at Monza, during which Force India's assets will be present under Italian jurisdiction, could trigger further exchanges of action between the two parties.