LONDON (Thomson Financial) - Grupo Clarin S.A. said its newspaper publishing unit Arte Grafico
Editorial Argentino (AGEA) has appealed against an Argentine civil court's decision, ordering AGEA to pay damages to Editorial Atlantida S.A. of about $8.9 million plus interest accrued from March 2, 1998 to the date of payment.
In February 2000, Editorial Atlantida filed a claim against AGEA, alleging plagiarism and unlawful competition with reference to AGEA's Genios magazine, requesting damages. Also, in April 2006, Editorial Atlantida brought criminal charges against several parties on the same grounds. All criminal charges were dismissed.
The company said in its appeal, AGEA will bring to bear the result of criminal proceedings and evidence gathered in the civil claim, which, in AGEA's opinion, support its arguments.
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