Aston Martin creditors threaten legal action over branding-rights plan
The British marque wants to raise cash by monetising the brand, but some lenders are reportedly ready to challenge the move in court.
Aston Martin is facing fresh financial pressure after some creditors reportedly warned the company they could take legal action over its plan to sell rights linked to the brand, according to the Financial Times.
The move is meant to bring in cash, but it also highlights the strain on the British luxury carmaker’s finances as it works to strengthen its balance sheet in a difficult period for the sector.