February 7, 2018 / 7:21 AM / 5 months ago

BRIEF-IDE Group ‍Provides Update On Claim For Substantial Damages From Coreix Ltd In Relation To Trademark Infringement Case​

Feb 7 (Reuters) - IDE Group Holdings Plc:

* PROVIDES AN UPDATE ON CLAIM FOR SUBSTANTIAL DAMAGES FROM COREIX LIMITED IN RELATION TO TRADEMARK INFRINGEMENT CASE​

* ‍BOARD CONTINUE TO REJECT NOTION THAT LIABILITY EXCEEDS AMOUNT ORIGINALLY STATED​

* WILL ARGUE THAT COREIX’S CLAIM SHOULD NOT EXCEED £10,000 AND, EVEN IF THAT IS NOT ACCEPTED BY COURT,​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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