Off Topic Chat General off topic chat in here. From jokes, comics to politics and sports. Content is fairly unmoderated.

VW sues over Lambo dealer stealing $12million of inventory

Thread Tools
 
Search this Thread
 
Old 01-19-2009, 10:24 AM
  #1  
Senior Member
Thread Starter
 
Jeep News's Avatar
 
Join Date: Oct 2008
Posts: 349
Post VW sues over Lambo dealer stealing $12million of inventory

Volkswagen has filed a lawsuit against Lamborghini Orange County for what it terms ‘outright theft’ of $12 million worth of Lamborghini vehicles. The dealership, owned by Vik Keuylian and his sisters Asdghig, Nora and Sossi, hasn’t yet responded publicly to the accusations.

The suit stems from the Keuylian family’s alleged sale of 54 cars at prices well below market value in a period of eight days, reports The Orange County Register. VW further alleges that the money obtained from the sales was then taken without using any of the proceeds to pay Volkswagen Credit for the financing they owed on the inventory vehicles.

The Keuylians’, though refusing to comment on the matter as it undergoes litigation, have filed a motion to dismiss VW Credit’s punitive damages claim. Their lawyer has not yet filed a response to the complaint itself, however.

Other lawsuits have recently been filed against the Keuylians stating similar claims. If the suits prove true, the facts serve to explain the sudden and mysterious closure of the Lamborghini dealership last year, while the litigious nature of the dealership’s demise explains the secrecy that has followed.



More...
Jeep News is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Jeep News
Various Auto News
0
07-02-2009 09:35 AM
jeep videos
Jeep Videos - Pictures
0
03-14-2008 05:30 PM
Elflan
Jeep Mailing List
12
02-29-2004 03:28 PM

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


Quick Reply: VW sues over Lambo dealer stealing $12million of inventory



All times are GMT -4. The time now is 01:26 PM.

Page generated in 0.07847 seconds with 10 queries