France's richest woman and her daughter have resolved a protracted legal dispute over more than euro1 billion ($1.3 billion) that swelled into a national scandal and raised questions about the future of the family fortune, lawyers said."There is no more case as far as we are concerned," lawyer Olivier Metzner told The Associated Press.
L'Oreal cosmetics heiress Liliane Bettencourt, 88, and her daughter Francoise Bettencourt Meyers have reconciled, Metzner said, adding, "We are bringing an end to all procedures given this familial reunion."
The daughter had publicly accused photographer Francois-Marie Banier of abusing her mother's alleged mental frailty and abusing her trust to bilk Liliane Bettencourt out of euro1 billion ($1.3 billion) in cash, artworks and other gifts. Banier, a longtime friend of Bettencourt's, has insisted he did not take advantage of her, but the dispute prompted a string of legal cases.
Metzner said the photographer "has renounced many of the benefits he received. And we are renouncing any procedure regarding him."
The photographer's lawyer confirmed an agreement was signed, but provided no details.
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Peace Pact Resolves Ugly Family Feud at L'Oreal
That is how the white collar crime begins... an arguement! Next thing you know your loved looses control of there life to a professional guardian and it spirals out of control. Your loved one can be issolated & medicated while the estate is liquidated. That's what Jetta Getty of Volusia County Florida did to my mother.
ReplyDeleteI'm glad it's over. I bet we'll be seeing a book (several books) and a movie.
ReplyDeleteAnd we'll probably never know what really happened.