Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCLP.L Share News (CLP)

  • There is currently no data for CLP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Clear Leisure Says Date Set For Expert Report Hearing In Sipiem Case

Tue, 27th Oct 2020 11:37

(Alliance News) - Clear Leisure PLC on Tuesday said a Venice judge has set a date to consider expert reports in the legal claim involving Sipiem SpA's previous executive management team.

Clear Leisure is investment company with a portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy.

Clear Leisure said the judge has set the hearing for consideration of the expert reports for March 10, 2021.

The legal action originated when Sipiem's liquidator filed a claim against Sipiem's previous executive management team and internal audit committee for fraud and mismanagement in March, 2019.

Clear Leisure Chief Executive Francesco Gardin: "We are very pleased with the tight timeline, set by the Venice judge, for the Sipiem claim. The March 2021 hearing is expected to be extremely informative as the amount of claimed damages will be formally submitted by the independent expert in his report to the judge."

Clear Leisure shares were up 16% at 0.25 pence each in London on Tuesday morning.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Mar 2015 06:14

UK AGM, EGM Calendar - Week Ahead

Read more
5 Mar 2015 16:07

UK AGM, EGM Calendar - Week Ahead

Read more
5 Mar 2015 06:16

UK AGM, EGM Calendar - Week Ahead

Read more
4 Mar 2015 15:50

UK AGM, EGM Calendar - Week Ahead

Read more
2 Mar 2015 09:01

Clear Leisure Rises On GBP250,000 Loan Agreement

Read more
24 Feb 2015 13:40

Clear Leisure leaps on Italian theme park developments

Shares in AIM tiddler Clear Leisure soared from their miniscule base on encouraging news about the valuation of its investment in an Italian theme park company and potential interested buyers for some or all of its assets. After Clear Leisure, which is the investment vehicle of Italian financier Alf

Read more
23 Feb 2015 12:00

UK MIDDAY BRIEFING: HSBC Leads Fallers As Earnings Miss Hopes

Read more
23 Feb 2015 11:21

UK WINNERS & LOSERS: HSBC Shares Sink As Earnings Miss Consensus

Read more
23 Feb 2015 08:17

Clear Leisure To Sell Altinak Vehicle For EUR500,000

Read more
18 Feb 2015 12:39

UK MIDDAY BRIEFING: UK Jobless Rate Falls Even As Inflation Weakens

Read more
18 Feb 2015 10:55

UK WINNERS & LOSERS: Coca Cola Slides After Sales And Volume Decline

Read more
18 Feb 2015 07:55

Clear Leisure Says Westhouse Files Winding Up Petition Over Debts

Read more
12 Jan 2015 08:37

Clear Leisure Shares Rise As It Takes Bigger Stake In Mediapolis

Read more
28 Oct 2014 09:20

Clear Leisure Hoping To Publish Results In December

Read more
18 Aug 2014 16:05

Clear Leisure shares lose 15%

Clear Leisure, has received a formal letter from the government of Regione Piemonte in Italy in support of the Mediapolis project, the company announced on Monday. Following the support from the Italian county's government and as a result of the licences granted, the company has announced it is con

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.