{"id":40571,"date":"2014-02-12T09:29:37","date_gmt":"2014-02-12T14:29:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40571"},"modified":"2014-02-12T09:29:37","modified_gmt":"2014-02-12T14:29:37","slug":"porsche-hedge-funds-suit-has-high-risk-of-loss-judge-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2014\/porsche-hedge-funds-suit-has-high-risk-of-loss-judge-says.html","title":{"rendered":"Porsche Hedge Funds Suit Has High Risk of Loss, Judge Says"},"content":{"rendered":"<p>Bloomberg &#8211; Porsche Automobil Holding SE, facing lawsuits seeking a combined 5 billion euros ($6.8 billion) over its aborted takeover of Volkswagen AG, may win dismissal of one of the cases in\u00a0Germany.<\/p>\n<p>Arguments by the plaintiffs, 23 hedge funds including Viking Global Equities LP, Glenhill Capital LP and David Einhorn\u2019s Greenlight Capital Inc., haven\u2019t convinced the court so far in the 1.4-billion euros lawsuit, Presiding Judge Carola Wittig said at a hearing in Stuttgart today. The court\u2019s assessment is preliminary and may still change after hearing more arguments, she said.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-02-10\/hedge-funds-in-porsche-suit-face-high-risk-of-loss-judge-says.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Porsche Automobil Holding SE, facing lawsuits seeking a combined 5 billion euros ($6.8 billion) over its aborted takeover of Volkswagen AG, may win dismissal of one of the cases in\u00a0Germany. Arguments by the plaintiffs, 23 hedge funds including [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40571","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=40571"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40571\/revisions"}],"predecessor-version":[{"id":40572,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40571\/revisions\/40572"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}