Grandchildren of Louis Renault have taken the French state to court to demand the return of the comp

Article by Christian A., on December 16, 2011

The heirs of Renault’s founder, Louis Renault, have filed a complaint against the French state in court to demand for the return of the automaker. After Louis Renault was branded as a Nazi collaborator, the state nationalized the brand in 1945. Renault, the brand founded by Louis and his brothers in 1898, was then controlled by Germany when Nazi occupied France in World War II. It was used to produce equipment for the German soldiers.

Louis Renault, who became known as having helped the Nazi, passed away nearly immediately after the Allies liberated Paris. He died before he could be prosecuted.

The French state then took control of the company. Currently, the French state is still the largest single shareholder, with a 15% share of Renault.

According to the AFP report, the seven grandchildren of Renault started the action after the new legal rule was handed down, to allow plaintiffs to challenge the constitutionality of legislation.

So far, Renault hasn’t commented on litigation and won’t do so while the litigation is ongoing. Thierry Levy, the lawyer who represents the heirs, said that the nationalization is in violation of his clients’ fundamental legal and property rights" and that his clients deserved compensation. [source: Autonews]

Topics: renault, france

If you liked the article, share on:

Comments

Recommended

Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries