The situation had the opportunity to get messy but now Bloomberg reviews a deal has been agreed on by the two sides. Sadly, the deal’s terms had been not created public in court docket filings created in New Jersey, Delaware, Virginia, and the Global Trade Fee in Washington. It truly is not strange for authorized issues these kinds of as this to take almost a calendar year to solve, but the timing is interesting.
In about a week from now, the trial between JLR and VW Team was to get underway. VW’s attorneys very likely decided a authorized struggle was not in its most effective interests.