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July 27, 2010

Liliane Bettencourt, L’Oreal heiress and France’s richest woman, was questioned on Monday by French police as part of an ongoing investigation into her finances.

Liliane Bettencourt, L'Oreal heiress and France's richest woman, was questioned on Monday by French police as part of an ongoing investigation into her finances.

Bettencourt (pictured) was being questioned as a witness in an investigation into tax evasion and apparent illegal donations given to the French government by the heiress.

July 19, 2010

On the surface family feuds don’t look so good for business. They mean decisions are often put off as family energies get diverted to emotional disputes, not the running of the company, writes David Bain

On the surface family feuds don't look so good for business. They mean decisions are often put off as family energies get diverted to emotional disputes between members, not the running of the company, writes David Bain. 

July 14, 2010

Octogenarian L’Oreal heiress Liliane Bettencourt has dominated the headlines this week as a string of allegations have emerged about her financial affairs, writes Katie Barker.

Octogenarian L'Oreal heiress Liliane Bettencourt has dominated the headlines this week as a string of allegations have emerged about her financial affairs, writes Katie Barker.

June 22, 2010

Lilian Bettencourt, L’Oreal heiress and France’s richest woman, has said she will declare her overseas assets after she was caught on tape discussing apparently undisclosed holdings with an advisor.

Liliane Bettencourt, L'Oreal heiress and France's richest woman, said on Monday that she will declare her overseas assets after she was caught on tape discussing apparently undisclosed holdings with an advisor.

"I have decided to declare all of my family assets that are currently abroad in cooperation with the French tax authorities," said 87-year-old Bettencourt (pictured) in a statement.

March 17, 2010

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business.

December 14, 2009

Francoise Bettencourt Meyers, daughter of L’Oreal heiress Liliane Bettencourt, won the right prosecute the man she claims exploited her mother for just under €1 billion.

Francoise Bettencourt Meyers, daughter of L'Oreal heiress Liliane Bettencourt, won the right prosecute the man she claims exploited her mother for just under €1 billion.
 
In a criminal court ruling heard in Paris on Friday, Bettencourt Meyers won the right to a trial against Francois-Marie Banier, a close friend of the her mother, to determine if Banier took advantage of 87-year-old Bettencourt's "mental frailty".
 

September 4, 2009

A bitter family feud that threatens to split one of Europe’s wealthiest family dynasties, the owners of L’Oreal, will go to court after a ruling in France yesterday

A bitter family feud that threatens to split one of Europe's wealthiest family dynasties, the owners of L'Oreal, will go to court after a ruling in France yesterday.
 
The case will call into question the mental health of Liliane Bettencourt (pictured), the 86-year-old daughter of the founder and head of the family. It has been brought to court by Bettencourt's daughter, Francoise Bettencourt-Myers, who claims a close confident of her mother's exploited the 86-year-old for just under €1 billion.
 

October 27, 2008

Peace looks to have returned to the boardroom of luxury carmaker Porsche AG after Wolfgang Porsche, partner and chairman of the supervisory board, revealed that the owning Porsche and Piëch families had met last week to discuss the company’s takeover of Volkswagen.

Peace looks to have returned to the boardroom of luxury carmaker Porsche AG after Wolfgang Porsche, partner and chairman of the supervisory board, revealed that the owning Porsche and Piëch families had met last week to discuss the company's takeover of Volkswagen.
 
In a statement, Porsche AG admitted that public discussion about the company's takeover of VW had "led to irritation" within the family, peaking last month when Ferdinand Piëch (pictured), chairman of VW and Wolfgang's cousin, failed to attend a board meeting.

September 26, 2008

The Ambani brothers have clashed repeatedly in the years since their father died and his wife divided up the family’s Reliance empire between them.

The Ambani brothers have clashed repeatedly in the years since their father died and his wife divided up the family’s Reliance empire between them.
 
But the depth of their ill feeling can now be revealed after the news agency Press Trust of India reported that Anil is seeking damages worth $2 billion and has demanded an apology from elder brother Mukesh.
 

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