A $650 million compensation claim brought against German car maker Mercedes-Benz by 38 Australian dealerships has been thrown out by a Federal Court judge.
The dealerships alleged they were bullied into signing new agreements that stripped them of the valuable “goodwill” they had spent millions of dollars establishing over the years.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
