Kerkorian ruling isn't likely until 4th quarter; DaimlerChrysler suit judge to hear motions before he decides.(News)(Kirk Kerkorian)(Brief Article)

Automotive News Europe,  March, 2004  by Chappell, Lindsay

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Byline: Lindsay Chappell

A verdict in Kirk Kerkorian's billion-dollar lawsuit against Daimler-Chrysler AG is half a year away, even though the court case concluded in February.

US District Judge Joseph Farnan Jr. has scheduled procedural hearings that must occur before he renders a decision.

A spokesman for DaimlerChrysler said a decision is not likely before the fourth quarter of this year.

Kerkorian, a Las Vegas billionaire and Chrysler Corp. investor, is suing DaimlerChrysler and its top German managers, alleging that they deceived American stockholders when they ...

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