PRESS RELEASE
In light of the hearing yesterday in the High Court in London,
relating to the case between Ferrari S.p.A. and the Coughlans,
Ferrari wishes to make clear the following: the legal teams
on both sides had reached an agreement on two procedural points
that were to be discussed in a further hearing this morning.
Therefore, the hearing in which these procedural points were
to be discussed has been cancelled. Mike Coughlan has today
provided Ferrari with an affidavit relating to relevant facts
and Ferrari has agreed not to forward the affidavit to the
Italian criminal authorities.
The agreement reached between the parties therefore concerns
only the procedural aspects mentioned above. The case brought
by Ferrari in England against the Coughlans therefore continues
in terms of what is decided by the High Court in London.
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