This is an open-ended blog ranging from news about my latest gigs and publications
to ruminations about politics, world affairs, culture and whatever piques my interest—or ire.
Contact: tomsancton@yahoo.com

Wednesday, December 15, 2010

BETTENCOURT SCANDAL UPDATE

After three years of litigation that dominated French headlines and shook the government of President Nicolas Sarkozy, L’Oréal heiress Liliane Bettencourt and her daughter, Françoise Bettencourt-Meyers, have agreed to bury the hatchet.

In a move apparently intended to consolidate the family’s control over L’Oréal, the world’s leading cosmetics conglomerate, the two women announced via a joint communiqué on Monday that they were dropping the suits and countersuits that had divided them since December 2007.

[Read my complete article on the Vanity Fair website: http://www.vanityfair.com/online/daily/2010/12/after-three-years-of-litigation.html]