The lawsuit related to the DeLorean automobileplant in Northern Ireland in which HMG had made a large investment, naively hoping that the economic activity would be good for the province, only to find that DeLorean had stolen millions of dollars from the project to fund a personal investment in a ski grooming company in Utah.
The West Midlands-based luxury carmaker agreed a "milestone" deal with Chery Automobile and will build a plant near Shanghai, which is due to open in 2015.