Friday, May 7, 2010

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WHAT CURSE CONTINUES BRICORAMA?

WHAT CURSE CONTINUES BRICORAMA?



The May 4, 2010, the public prosecutor of Paris was seized by the lawyer Thibault de MONTBRIAL of a complaint by leaders of extortion with threats and violence
, and concealment of extortion with threats and violence , and offenses under
punishable under Articles 312-1 and following of the Penal Code and articles 321-1
and following of the Penal Code.

Against Mohamed Imed Trabelsi, (nephew of President Ben Ali
already involved in the theft case yachts) and its partner BRICORAMA FRANCE which has no connection ignored the extortion since its beginning and chose to take
the remoteness of the real promoter of the project, Mr Faouzi Mahboul
specialist in the expansion of international brands of large retailers, exiled in France since.


The February 23, 2010, New Item in the case between Mr. Bricolage to SAS Bricorama France for 10 years: the legal expert, appointed by the Court of Appeal of Paris, evaluates the injury for the first 9.8 million euros.



Little Background: The case dates back to 2000 when a group of franchised stores sells its Bricorama France without respecting the right of first refusal exercised by Mr. Bricolage.

November 15, 2006, the Court of Appeal of Paris has acknowledged that the assignment was invalid and ordered to compensate France Bricorama Mr.Bricolage damages.



To this end, she told a court expert mission to assess the amount and ordered to pay France Bricorama provisional indemnity of 500,000 euros.



On 26 March 2008, the latter appeal was rejected by the Supreme Court, thus giving a finality to the decision of 15 November 2006.



Based on the expert's report filed court on December 29 last, Mr. Bricolage comes before the Court of Appeal of Paris to arrive at the conviction.

The impact on consolidated net income 2009 is estimated at 6.1 million.







On June 18, 2008, the daily La Tribune published the news that John Gatty, manager of the company JG Capital Management, which holds 6.2% stake in Bricorama, had an action against Jean-Claude Bourrelier, president of the chain of hardware stores.



John Gatty confirmed the subpoena, delivered May 21 and must come to the hearing of the Commercial Court on June 24, three days before the general meeting of the group. JG Capital Management disputes the amount of the sale by a subsidiary Bricorama power generation, Wind Bricorama, society Thirteenth House, controlled by Jean-Claude Bourrelier: 3.7 million when it should able to sell "between 95 and 100 million" considers the minority shareholder, which refers to the current market valuations.



Further to reports in the press, Bricorama

was forced to issue a press release stating that a shareholder has pledged before the Tribunal de Commerce de Créteil action directed against members of the board

administrative ruling in their condemnation of payment to the corporation an indemnity of 96,295,719 euros.

and that "this represents, according to the shareholder, the failure of the sale price of securities of the company Nouvergies Bricorama by the company

The Thirteenth House controlled by Mr. Jean-Claude Bourrelier.



This questioning that detailed criminal acts during the festivities of the 35th anniversary of Bricorama, that it only in whether the outcome will probably run a lot of ink and profoundly affect the image of the sign.

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