Item 8.01 Other Events
LivaNova PLC commented on the decision delivered on November 12, 2021 by the
Court of Appeal of Milan (CoA) for LivaNova to pay damages in the amount of €453
million (approximately U.S. $519 million) as a result of a civil action where
the CoA declared LivaNova (formed through a merger with Sorin) jointly liable
with SNIA (a former parent company of Sorin) for environmental liabilities
incurred by SNIA's other subsidiaries. LivaNova strongly disagrees with the
decision and will vigorously pursue all available remedies, including an appeal
to the Italian Supreme Court. LivaNova filed an appeal over two years ago with
the Italian Supreme Court regarding the CoA's previous decision on joint
liability, though the damages decision may not be stayed pending resolution of
the appeal on joint liability by the Italian Supreme Court.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
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