NOVEMBER 8, 2001
Arrows takes partner to court
Morgan Grenfell is a part owner (at least for the moment) of Arrows.
Arrows claims that Coral agreed to a two-year sponsorship deal at the start of 2000, agreeing to pay $15m over two years. Coral terminated the agreement early although Arrows argues that it is not allowed to do this.
Coral has dismissed the writ from Arrows as "a load of rubbish".