Highest Appeals Court in France Rejects Appointment of Guardianship Request for L’Oréal Heiress

The highest appeals court in France rejected Françoise Bettencourt-Meyers’ motion to have her mother, Liliane Bettencourt (daughter of the founder of L’Oréal), placed under legal guardianship. Bettencourt-Meyers claimed that her mother’s advisors were taking advantage of the L’Oréal heiress. The court held that the application was invalid because Bettencourt-Meyer had retracted her formal request the previous year during a settlement with Bettencourt.

See Appeals court rejects request to appoint guardian for Bettencourt, Family Business, Jun. 24, 2011.

Special thanks to Jim Hillhouse (WealthCounsel) for bringing this article to my attention.