Heirs of Nazi Collaborator Louis Renault Lose Bid for Compensation

Heirs of Nazi Collaborator Louis Renault Lose Bid for Compensation

Business Recorder, November 22, 2012

Seven of Renault's grandchildren are challenging the validity of a confiscation degree on January 16, 1945, after the carmaker was accused of collaborating with Nazi Germany during World War II.

Their lawyer Thierry Levy said the heirs would probably appeal to France's court of last resort, the Court of Cassation. Louis Renault founded what is now one of France's biggest carmakers with his brothers in 1898. During the Nazi occupation the company was placed under German control and used to make equipment for German forces. Louis Renault died in jail weeks after Paris was liberated from the Nazis, before he could be tried for collaboration and the firm was promptly nationalised. The French state remains the automakers biggest single shareholder.

http://www.brecorder.com/business-a-economy/189/1260635/

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