Subscribe to RSS feedCourt rejects Fredriksen’s Tui board bid citing conflict of interest
by
Patrick Hagen, Cologne
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last modified
Jan 25, 2010 09:05 AM
JOHN Fredriksen has failed in his attempt to have his right-hand man, Tor Olav Troim, appointed by a German court to the supervisory board of tourism and shipping group Tui.
The district court of Hanover rejected the application and instead appointed the board’s own candidate, former Daimler-Chrysler manager Klaus Mangold.
The judge gave Mr Fredriksen’s participation in the new budget box line, The Container Company, as the reason for his...
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