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DeLorean Court Order Set Aside: Lawyers for...

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From Times Staff and Wire Reports

DeLorean Court Order Set Aside: Lawyers for former auto maker John Z. DeLorean, whose Belfast-based car company went bankrupt in 1982, won a British court order setting aside an earlier court order against him for more than $51 million. Judge Peter Gibson overturned a July, 1987, court order that allowed legal documents in the case to be served on DeLorean at his home in New Jersey, outside the jurisdiction of English courts. The ruling was the latest stage in a dispute between the liquidators of DSQ Property Co., incorporated in Northern Ireland and formerly called DeLorean Motor Cars Ltd., and DeLorean. Unstated damages had been claimed against DeLorean for alleged conspiracy, deceit and breach of fiduciary duty, Gibson said. In June, 1988, a judgment was entered against DeLorean, ordering him to pay more than $51 million. DeLorean, a former General Motors Co. executive, set up his plant in Belfast in 1978, employing more than 2,600 workers at its peak.

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