Safestyle UK plc Settlement of Litigation with NIAMAC

Safestyle UK PLC (LON:SFE) today announced the settlement of its claims against NIAMAC Developments Ltd (trading as SafeGlaze UK) for alleged trade mark infringement, passing off, misuse of confidential information, malicious falsehood and various other matters. As a result of interim applications to the court, a series of injunctions were put in place in May and in July.

In the settlement, NIAMAC has agreed that the existing court injunctions will be replaced by appropriate undertakings to the court. The settlement ensures that there will be no misuse of confidential information or misleading statements to customers. The settlement governs future relations between Safestyle UK and NIAMAC to prevent the possibility of any acts of intimidation or harassment of Safestyle UK representatives. In addition, SafeGlaze UK has agreed to change trading name and rebrand fully within an agreed period of time.

Further details of the settlement will remain confidential.

The Board of Safestyle is pleased that the Company has reached a settlement with NIAMAC. Safestyle UK remains the UK’s leading window company and the management team looks forward to refocusing its efforts with this case now successfully concluded and behind them.

Safestyle UK PLC will announce its Interim Results on 20 September 2018.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Safestyle UK Plc

    More articles like this

    Safestyle UK Plc

    Safestyle UK H2 2020 revenue up 15% year on year

    Safestyle UK plc (LON:SFE), the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, has issued a trading and operations update in advance of its preliminary results announcement for the

    Safestyle UK Plc

    Safestyle UK 9% year on year revenue growth in Q3

    Safestyle UK plc (LON:SFE), the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, has issued an update on current trading for the year ending 31 December 2020. Following the Government’s implementation of a

    Safestyle UK Plc

    Safestyle UK sees strong customer demand since May

    Safestyle UK plc (LON:SFE), the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market, has announced its interim results for the six months ended 30 June 2020. Financial and operational

    Safestyle UK Plc

    Safestyle UK updates on key supplier

    Safestyle UK plc (LON:SFE), the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, has issued an update following an announcement made by UK Window Group of which the Group’s