ING Comercial América Wins Mexican Appeal in Fertinal Claims Case

December 2, 2005

  • June 14, 2006 at 2:40 am
    Marta Alicia Duarte says:
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    How could you say that ING wins Mexican appeal in FERTINAL claim, when they were condemned to pay 94 million u.s. , if they allways intended to pay only 13.84 million u.s.?As a matter of fact, they had deposited that amount in court.

    What happened was that the previous ruling was that they have to pay 300 million u.s. instead of the 13.84 they had deposited.
    Why are they so happy if in fact, they are losing the case? ¿are they happy because they reduce the amount from 300 to 94?
    The numbers are not as important as who is right.In this case, also the ruling is in favor of FERTINAL, as the previous ruling.
    With this ruling,Fertinal will be able to sue ING for an amount in excess of one Billion in losses and damages .

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