An ink-soaked legal drama has embroiled the family behind BIC Penn, who are fighting over property worth at least $30 million. $2.7 billion shares of the company, court records show.
The daughter-in-law of Marcel Bich, the founder of the French company Société Bic who perfected the ballpoint pen in 1945 after years of legal battles, has threatened to sue his three sons again over the family's assets. be done.
According to legal documents, Gonsalves, Charles and Guillaume Bitch are asking a Manhattan judge to halt the lawsuit filed by Véronique Bitch, who married and divorced Marcel's son Bruno.
Bruno Bicci passed away in 2021.
“Last year, after settling the previous lawsuit with Mr. Bitch, [brothers] They never expected to be back in this courtroom again. They are not interested in litigation,” they said in a new filing in Manhattan Supreme Court.
“However, given Mr. Bitch's heavy-handed tactics and repeated threats to sue them personally if they do not yield to his unreasonable demands, we once again seek the protection of this court. There is no other choice.”
At the center of the current dispute is a separate company called Grenelle, which owns the estates of Veronique and Bruno and their children, including an apartment in Paris and 400,000 shares in Société Bic SA. owns assets.
Their Paris home is located on Rue Grenelle, and apartments can be valued from $1 million to more than $2 million.
Despite an agreement giving Veronique Bitsch “lifetime, exclusive, rent-free use” of Paripad, she has been in court for years trying to make a “hostile takeover” of Grenelle, and just last month Her sons claimed that if they did not agree to her latest demands, in which she threatened to sue her, their children would also be sacrificed.
“Given the excessive litigation activity that Ms. Bitch has engaged in to date against them and Grenelle; [brothers] I accepted Mr. Bitch's threat to sue them. . . Seriously,” they wrote in legal documents.
Veronique Bich's lawyer did not respond to a request for comment.
