The investment bank, Morgan Stanley, is planning to file a counter-suit against the French drinks and luxury goods group, LVMH, for damages after the French company brought a €100m lawsuit against the bank, accusing it of being biased in its research.

“Morgan Stanley intends to counter-claim against LVMH for damage done by these proceedings, which should never have been brought and are vexatious, without merit and an abuse of the French Court system,” the bank said in a statement following the first court meeting between the two sides. Morgan Stanley has stated that it would defend itself “vigorously” against the charges.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

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