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Funds Rip Ghosn s Appeal Bid In Nissan Pay Scandal Suit
Law360 (February 5, 2021, 9:18 PM EST) Two pension funds said Thursday that Nissan s fugitive ex-chairman Carlos Ghosn must face claims in Tennessee federal court alleging his purported financial misdeeds triggered investors losses and that he shouldn t be allowed to pursue an immediate appeal in a bid to escape jurisdiction.
Jackson County Employees Retirement System and Providence Employees Retirement System filed a brief opposing Ghosn s request for an interlocutory appeal of U.S. District Judge William L. Campbell Jr. s Dec. 29 decision declining to toss claims against Ghosn on personal jurisdiction grounds. Judge Campbell had also kept alive claims against Japanese automaker Nissan Motor Co. Ltd. and several other.