Appeal court overturns Sauramps decision

Appeal court overturns Sauramps decision

The Montpellier appeal court in France on Wednesday (19th July) overturned the local commercial court’s decision last month for the Lille-based Furet du Nord chain of bookshops to acquire Sauramps, a group of five outlets in the Montpellier region in the south of France.
 
Instead, the group goes to Amétis, a property developer owned by architect François Fontès and his partner Bertrand Barascud. This was the preferred choice of many of the staff as it involves maintaining all five stores and 94 instead of 57 of the 119 employees.
 
Le Furet du Nord would have closed the Odyssée store, ...

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