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Home - U.K. court ruling allows Motorola to seize Uzan assets
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U.K. court ruling allows Motorola to seize Uzan assets

by RCR Wireless News December 13, 2004
written by RCR Wireless News December 13, 2004 Share
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LONDON-In another legal triumph, a High Court has given Motorola Inc. the authority to seize assets belonging to Turkey’s Uzan family. The decision confirms an earlier ruling in a U.S. District Court last year, which described the Uzans’ action as a “massive fraud.”

The family owned Turkish wireless carrier Telsim, which took loans from both Motorola and Nokia Corp. for wireless network equipment.

The Uzans have some properties in the United Kingdom, so the ruling allows Motorola to confiscate them.

Both the U.S. and London court decisions will encourage Motorola to sue the Uzans wherever they have assets around the world.

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