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News Briefs

By ALM Staff | Law Journal Newsletters |

Ford Settles Lawsuit Launched by Ottawa Dealerships

The Ontario Superior Court of Justice approved a settlement between Ford Motor Co. of Canada Ltd. and about 100 Ford dealers in Canada that will result in Ford creating a fund of up to $47 million (CAN) ($35 million (US)) to compensate dealers who claimed that the carmaker breached contract agreements when it decided to convert its Lincoln-Mercury outlets to the Ford banner. The decision by Judge Lynn Ratushny rejected an objection by two Ottawa dealerships that their share of the settlement would be insufficient.

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