October 29, 2015 / 2:47 PM / 4 years ago

BRIEF-William Demant says GN Store Nord ruling was default, case to resume

Oct 29 (Reuters) - William Demant

* Says German case that ruled against Oticon was a default judgement

* Says default judgment came because due to an unfortunate misunderstanding, German attorneys failed to make an appearance at the case management hearing

* Says default judgement only relates to Oticon GmbH and not to other William Demant companies in and outside Germany

* Says Oticon has today filed an opposition to resume the case after default judgement was rendered

* Says does not expect this default judgement to impact William Demant’s financial results in 2015 and onwards Source text for Eikon: Further company coverage: (Reporting By Sabina Zawadzki)

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