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A US court will hear Tiffany & Co’s lawsuit against LVMH Moët Hennessy-Louis Vuitton SE seeking to require the French luxury conglomerate to complete its purchase of Tiffany under a November 2019 merger agreement.
The Delaware Chancery Court in the state of Delaware set the four-day trial to begin on January 5, 2021, effectively granting the US jeweller’s motion to expedite the hearing.
Roger Farah, chairman of the board at Tiffany, is banking on a ruling before the US antitrust clearance expires on February 3, 2021.
“We will demonstrate to the court that LVMH is in clear breach of its obligations under a valid...
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