And I am not alone in having reservations. Japan's largest business daily, Nihon Keizai Shimbunn, predicts lawsuits will be filed against the automaker in the wake of the Nov. 19 arrests of Greg Kelly, an American member of Nissan's board of directors, and former Nissan and Mitsubishi Chairman Carlos Ghosn, who remains chairman and CEO of French automaker Renault. On Monday, Dec. 12, the Tokyo District Public Prosecutors Office formally charged Kelly and Ghosn of making false disclosures in annual securities reports. Both claim they are innocent. The same charge was filed against Nissan as a legal entity. If found guilty, the executives face up to 10 years' imprisonment and/or ¥1 million ($88,000) in fines. It is not clear what penalties for additional charges, if any, would be. Lest we forget, the French-Lebanese-Brazilian Ghosn is credited with saving Nissan from bankruptcy nearly 20 years ago when Renault extended the Japanese automaker a financial and managerial lifeline.