X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A 1954 Ferrari 375 Plus racing car at the Museum of Fine Arts, in Boston, Wednesday, March 2, 2005. The Ferrari is part of a collection belonging to designer Ralph Lauren. (AP Photo/Steven Senne)

(Bloomberg) – A dispute over the ownership of a 1954 Ferrari racing car that Victoria’s Secret founder Les Wexner bought for 10.7 million pounds ($15.4 million) was settled before a U.K. trial was scheduled to start.

Wexner, who bought the Ferrari at a Bonhams auction in 2014 through Copley Motorcars, joined up with the car dealer to sue the auction house for putting the vehicle up for sale while there were several lawsuits in the U.K. and U.S. over its ownership.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

The British Legal Awards 2021Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.