Zazzle Shop

Screen printing

Wednesday, January 14, 2009

Margin Call Gentlemen- VW Credit accuses Lamborghini of Orange County of outright Theft.

About two months ago, reports coming in from California's Orange County Register indicated the world's largest Lamborghini dealership, Lamborghini Orange County, was closed indefinitely due to unspecified financial troubles. Now, a new report by the publication has shed more light on the situation that has Volkwagen Credit Inc. accusing the dealership's owners of stealing around $12 million worth of product.

In court documents filed recently, VW's U.S. credit arm alleges owners Vik, Asdghig, Nora and Sossi Keuylian of the "outright theft" of the Lamborghini supercars. The dealership reportedly sold the $200,000-plus exotics at deep discounts and managed to move some 54 models in only eight days -- which equates to 8% of all U.S. Lamborghini sales in 2008.

Volkswagen Credit provided financing to the dealership and its sister location in Calabasas, California, and covered the cost of the cars before their sale. There is no indication of where the car's sales proceeds ended up, VW Credit insists.

Jeffrey Gubernick, lawyer for the Keuylians, is expected to ask for a lessening of VW's multimillion dollar restitution to punitive damages when the case goes to hearing on January 22.

Source: The Orange County Register

3 comments:

Unknown June 23, 2015 at 3:11 AM  

2015623dongdong
christian louboutin sale
burberry outlet online
louis vuitton
toms shoes
kate spade handbags
louis vuitton handbags
prada outlet
marc jacobs handbags
coach outlet
ray ban sunglasses
abercrombie
oakley sunglasses wholesale
coach outlet store online
louis vuitton purses
p90x workouts
louis vuitton outlet
louis vuitton outlet
fitflops sale clearance
michael kors outlet
oakley sunglass
louis vuitton handbags
michael kors outlet
mont blanc pens
gucci outlet
retro jordans
ray ban outlet
oakley sunglass
air jordan 11
true religion
nike air max
abercrombie
michael kors handbags
prada uk
coach outlet store online

Unknown June 23, 2015 at 3:12 AM  

2015623dongdong
christian louboutin sale
burberry outlet online
louis vuitton
toms shoes
kate spade handbags
louis vuitton handbags
prada outlet
marc jacobs handbags
coach outlet
ray ban sunglasses
abercrombie
oakley sunglasses wholesale
coach outlet store online
louis vuitton purses
p90x workouts
louis vuitton outlet
louis vuitton outlet
fitflops sale clearance
michael kors outlet
oakley sunglass
louis vuitton handbags
michael kors outlet
mont blanc pens
gucci outlet
retro jordans
ray ban outlet
oakley sunglass
air jordan 11
true religion
nike air max
abercrombie
michael kors handbags
prada uk
coach outlet store online

Pengobatan Alternatif Radang Otak (Ensefalitiis) April 19, 2019 at 2:56 AM  


Very interesting article, thank you for sharing. I also want to share the following health articles, God willing, useful. Thank you :)

Obat Tradisional Turun Berok (Hernia)
Perbedaan Gastritis dan Maag
Obat Chikungunya Alami dan Ampuh