Luke LaHaye

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B&C KB Holding GmbH v. Teachers’ Retirement System of Louisiana: Discovery Application (Austria)

Application by B&C KB Holding GmbH to take discovery from Teachers' Retirement System of Louisiana "or use in a criminal investigation currently pending in Austria" that "centers on suspicion of aggravated fraud, manipulation of financial statements, and other criminal misconduct by former executives at European-based Schur Flexibles group of companies, which induced B&C to acquire a controlling interest in Schur at an artificially inflated price", filed at the U.S. District Court for the Middle District of Louisiana.