Aston Martin ME sues Aston Martin UK
The top breaking news story for tonight is that UK-based parent company Aston Martin, newly independent from Ford, is being sued for US$50 million by its Dubai-based Middle East distributors because of an apparent breach of contract. The lawsuit, filed by Middle East Aston Martin (MEAM), claims one of the new owners of the carmaker, Kuwaiti investment group DAR, is planning to refinance its stake in the company (whatever that means) and has disallowed the distributor to renew its investment, according to Reuters news agency.