David de Rothschild, Chairman of Rothschild Continuation Holdings and NM Rothschild & Sons, is due to be summoned in France to appear before a Denia Court.
The Court resolved to proceed with serving formal notice of legal action in the neighbouring country as a result of the State Prosecutor’s decision to not oppose the petition for summons, as requested by lawyers acting for a number of undisclosed claimants.
The presiding Judge has requested that lawyers acting for claimants identify the current address for Mr. Rothschild.
The news coincides with the the hefty $11,5 million fine imposed to Rothschild Bank AG by the U.S. Justice Department, for helping Americans conceal assets offshore.
