Showing posts with label Mondadori. Show all posts
Showing posts with label Mondadori. Show all posts

Wednesday, 18 September 2013

When 500m euro you have to pay, that's not exactly the best way to start the day

Tuesday, 17 September 2013. On the eve of a vote over Silvio Berlusconi's eviction from the Senate of Italy, the Supreme court confirms his family's company has to pay over 500m euro in damages to media rival CIR, owned by De Benedetti family.


Silvio Berlusconi: seeing it coming?

Italy Supreme Court's ruling hasn't been very favourable to Silvio Berlusconi recently, after upholding accusations of tax fraud in the beginning of August, yesterday the Corte Suprema di Cassazione (this is the official name of the court of last resort in Italy) ruled that Berlusconi family’s Fininvest holding company had wrongfully gained control of Mondadori publishing house by bribing a judge (Vittorio Metta is his name) back in 1991, thus they have to pay more than half a million euro to De Benedettis' CIR.