Thursday, June 9, 2011

L'Oreal Case Back in the News!

The daughter of France’s richest woman, L’Oreal heiress Liliane Bettencourt, is once again trying to have her mother made a ward of court in an effort to protect her inheritance. The scandal has dominated French headlines since summer 2010.

The legal battle between L’Oreal heiress Liliane Bettencourt and her daughter Francoise Meyers has re-erupted.

On Wednesday French daily Le Monde reported that Meyers had made a fresh application for her mother to be made a ward of court (effectively under the guardianship of a judge), an issue that was apparently resolved in December 2010. Meyer states that she is seeking to protect the estate and her eventual inheritance.

The application, according to the newspaper, centres on the role of Pascal Wilhelm, a lawyer who has a “mandate for future protection” which effectively makes him the executor of Bettencourt’s estate should she become incapable of managing it herself.

Meyer has long argued that her mother should be made a ward of court and is seeking to have Wilhelm’s control over her estate curtailed.

Full Article and Source:
L'Oreal Heiress Scandal is Back in the Headlines

See Also:
A Deal is Reached in the L'Oreal Case

3 comments:

Thelma said...

Greed is global! Is there any place in the world where government doesn't prey on its citizens through misuse of law designed to protect them?

StandUp said...

Protect her inheritance? Pardon me? It's Liliane Bettencourt's money until the day she dies, and then it becomes an inheritance to protect for crying out loud!

honeybear said...

This is absolute nuts!