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Ecclestone scores victory in $650m Bluewaters case

Bernie Ecclestone has scored victory in a lawsuit which was brought against him by investment fund Bluewaters according to a report by Christian Sylt in American motoring magazine Autoweek.It is the first verdict in three cases which are connected to an alleged $44m bribe paid by Ecclestone and his Bambino family trust to former banker Gerhard Gribkowsky. Bluewaters filed its lawsuit in the New York Supreme Court and yesterday Eileen Bransten, Justice of the Supreme Court, ruled that it could not go ahead as it was not even suing in the right place. Although it won't proceed to a trial, the court ruling contained a potentially crucial piece of news which could affect the outcome of the...
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