UBS’s new French tax evasion trial will not be punctuated by the Fête de la Musique in Paris. The Swiss bank, its French subsidiary and five of their former executives were scheduled to appear from June 2 to 29 before the Paris Court of Appeal. The musical event of the year, on June 21, therefore fell right in the middle of the debates. Except that the Covid-19 epidemic went through there. The entire calendar of the Court of Appeal, located in the former Palais de justice de Paris, has been postponed indefinitely.
The possibility of a trial at the end of 2020 remains under consideration, but appears very unlikely: “The start of the year 2021 is a serious option. The bottleneck of the trials in the coming months makes any forecast very complicated, “confirmed to Time the magistrate in charge of communication for the institution.
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