Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Tiffany sues LVMH over planned acquisition
Lawsuit filed
Tiffany said it had filed a lawsuit in the United States seeking to force LVMH to proceed with the planned acquisition on the agreed terms. According to the article, Tiffany alleged that LVMH failed to secure regulatory clearance and breached the merger agreement. These are allegations made by Tiffany and not determinations. The dispute concerns whether LVMH should be required to complete the acquisition as agreed.
Tiffany said it had filed a US lawsuit seeking to force LVMH to proceed with the acquisition on the agreed terms. The article reports Tiffany's allegations that LVMH failed to secure regulatory clearance and breached the merger agreement; these are allegations, not determinations.
Stated objective. Force LVMH to proceed with the deal on agreed terms.
Source excerpt
In return, Tiffany said it had launched a lawsuit in the US in an attempt to force LVMH to go ahead with the deal “on agreed terms” by the end of November.
Tiffany said Wednesday it filed a lawsuit in Delaware to enforce a takeover agreement with luxury giant LVMH.
Tiffany is suing saying that LVMH's argument has no basis in French law. They also accused the luxury good giant of using 'any available means' to avoid completing the deal on the agreed terms
2020
LVMH files counterclaim against Tiffany
Lawsuit filed
LVMH filed a counterclaim against Tiffany on September 28 amid a dispute over LVMH's planned acquisition of Tiffany. LVMH alleged that Tiffany mismanaged its business during the COVID-19 pandemic; Tiffany denied the allegations.
Source excerpt
但在蒂芙尼看来，LVMH则是有意拖延，于是一纸诉状将LVMH告上了美国特拉华州法院。9月9日，蒂芙尼指控 LVMH为避免支付协定的价格而有意拖延反垄断程序，并要求法院强制LVMH按期在11月24日之前完成收购。
在此次诉状中，LVMH除了强调法国政府的干扰外，还提到了蒂芙尼自身的原因，强烈谴责后者“对自身业务的管理不善”，并称这是公然违反了其在正常过程中的经营义务。