Spyker is sueing Force India

[fangio]

Spyker press release of Jan 30th with regard to Force India (Orange India Holdings):

"On 4 October 2008 Spyker received an amount of EUR 2.6 million from the escrow account in which an amount of EUR 4,000,000 was held as collateral for any claims that might have arisen as a result of the sale of the former Spyker F1 Team in October 2007 to Orange India Holding (OIH).

Spyker will lodge a claim against OIH to release further amounts from the
escrow account since it is of the opinion that OIH has withheld such amounts unjustifiably.
The amount received so far exceeds the provision that Spyker had taken in its 2007 Accounts, so even prior to any further releases from the escrow there is a small positive result in fiscal 2008.

Spyker is confident that it will receive further amounts from the escrow.
As to the final settlement of all remaining issues between Spyker and OIH, Spyker had reached full and final agreement with OIH in September 2008 but OIH has subsequently declined to execute the agreements and as a result Spyker has now lodged a claim against OIH.

The amount of the various claims is approximately EUR 2 million and Spyker expects to be successful in collecting the said amount from OIH."

[duke_toaster]

How keen would Vijay Mallya be on getting good lawyers?

EDIT : Link or photo of press release would be nice, it isn't on their site.

[fangio]

http://www.spykercars.nl/download/ar...uarter_def.pdf