ADF Foods Legal & Regulatory
ADF Foods' subsidiary executed a settlement for US$ 1.75 million (approx. ₹16.8 Crore) to resolve litigation with Ascot Valley Foods Ltd regarding previous monetary judgments.
- Value
- ₹16.80 Cr
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Time
4 announcements
ADF Foods' subsidiary executed a settlement for US$ 1.75 million (approx. ₹16.8 Crore) to resolve litigation with Ascot Valley Foods Ltd regarding previous monetary judgments.
ADF Foods updated that the opposing party in their litigation has filed an appeal. The company confirmed the previously granted injunction and judgements remain in effect.
ADF Foods' US subsidiary won a favorable court order awarding $2.29 million in damages against Ascot Valley Foods. This resolves allegations of trade secret misappropriation.
ADF Foods subsidiary received a favourable court order for US$ 2.30 million (₹21.60 Crore) against Ascot Valley Foods. The award relates to trade secret misappropriation.