Hearings begin in Carlos Ghosn's $1 billion lawsuit against Nissan

Sep 20 (The National) - Judicial hearings on the $1 billion lawsuit that Carlos Ghosn has filed against Nissan, the auto company he used to head, have begun, with lawyers from both sides meeting the judge charged with overseeing the case in Beirut.

The session lasted for about four hours at the Justice Palace in the Lebanese capital, with lawyers meeting with a judge from the Beirut prosecutor’s office, AP reported.

It is unclear when the next session will be held.

A lawyer for Mr Ghosn did not respond to a request for comment.

Mr Ghosn launched legal action earlier this year against Nissan and 12 individuals.

The lawsuit, seen by The National, seeks $588 million in lost salary and another $500 million in moral damage.

It accuses the defendants of, among other things, defamation, violating the sanctity of his residence and fabricating charges that led to his detention in Japan. ...continue reading

Source: ANNnewsCH

Crane Injures 4 Women at Osaka Music Festival

A camera crane collapsed at a music festival venue in Osaka, injuring at least four people.

Massive Solar Flare Raises Risk of Satellite and GPS Disruptions

Japan's National Institute of Information and Communications Technology (NICT) has reported the occurrence of a major solar flare on October 3rd.

Red Gate Remains Shut for Tokyo University Students

Tokyo University's iconic Red Gate, which has long been a symbol for prospective students to pass through, has remained closed for the past three years, leaving many students unable to experience walking through it.

Ishiba Frames Three Pillars

Prime Minister Ishiba has instructed relevant ministers to draft economic measures focused on addressing rising prices, strengthening growth, and ensuring safety and security.

Man Evades Arrest After Series of Violent Robberies

A man who was placed on the public wanted list Thursday is suspected of playing a key role in a series of robberies in Tokyo and Saitama.

MEDIA CHANNELS

MORE Business NEWS

Japanese Rice Snack Makers Struggle as Costs Soar

Rice snack manufacturers are facing a tough business environment as the price of rice soars.

Controversial 'Proxy Shopping' Surges on Flea Market Sites

Disney's exclusive merchandise releases in Japan have sparked a new controversy, not just over traditional resale but also a trend known as 'proxy shopping.'

Japan's Used Smartphone Market Booms

The used smartphone market in Japan is booming, particularly following the release of Apple's latest iPhone model. Despite the new iPhone 16 hitting the market last month, more consumers are opting for pre-owned devices due to their significantly lower prices.

Can Minimum Wage Be Raised to 1,500 Yen Under 'Ishibanomics'?

Under Prime Minister Ishiba’s new economic policy, termed "Ishibanomics," what will happen to prices, wages, and ultimately, our daily lives? Ishiba's unusual remarks on interest rates have caused stock market volatility, leaving many to question the future direction of the government's economic policies.