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Kirch to take on Breuer

Mogul alleging breach in client confidentiality

COLOGNE — Following his initial legal victory against Deutsche Bank in December, ex-media tycoon Leo Kirch has made another move aimed at the bank’s former CEO, Rolf Breuer.

According to daily Handelsblatt, Kirch has filed an appeal at Germany’s Federal Supreme Court against Breuer, calling him personally liable for statements that arguably contributed to the financial collapse of Kirch Media. In an early 2002 TV interview, Breuer was understood to question Kirch Group’s credit worthiness, thus breaching client confidentiality.

A Munich court in mid-December found Deutsche Bank accountable for Breuer’s comments but said Breuer could not be held liable as an individual.

Kirch reportedly seeks 6 billion euros ($7.6 billion) from Deutsche Bank in damages. According to Handelsblatt, sources close to Kirch believe he may also take legal steps against Breuer in the U.S., where the interview took place.

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