Ghosn Bail Decision Due
A district court in Tokyo is expected to rule on Jan. 15 whether to allow Carlos Ghosn to be released on bail following his arrest for alleged financial misbehavior on Nov. 19.
#legal
A district court in Tokyo is expected to rule on Jan. 15 whether to allow Carlos Ghosn to be released on bail following his arrest for alleged financial misbehavior on Nov. 19.
Since then prosecutors have rearrested him on additional charges. Ghosn denies any wrongdoing. Regardless of the judge’s ruling, the other side is expected to appeal, The Nikkei says.
Observers of Japan’s legal system say Ghosn is unlikely to be released until June, when he is expected to go on trial over the initial charges that he failed to report $43 million in deferred compensation. In the meantime, prosecutors can continue to detain him by repeatedly filing new charges.
RELATED CONTENT
-
Takata Opens $850 Million Fund to Pay Carmakers for Airbag Woes
Takata Corp. has launched an $850 million fund in the U.S. to repay carmakers for a portion of their costs to recall Takata airbag inflators that can explode when triggered by a crash.
-
Report: Ghosn Kept List of Hidden Compensation
Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.
-
The Law and Autonomous Cars
Features that enable your car to drive itself are coming to market now, but regulations to govern their performance have lagged, notes Jennifer Dukarski, an attorney with the Butzel Long law firm.