If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTTR.L Regulatory News (TTR)

  • There is currently no data for TTR

Court Case Update

24 Jan 2012 12:04

RNS Number : 0807W
32Red Plc
24 January 2012
 



32Red Plc ("32Red" or "the Company")

 

William Hill Appeal Dismissed 

 

Following a six day trial in October 2010 in the High Court, judgment was handed down in January 2011 detailing 32Red's success in its trade mark action against members of the William Hill group ("William Hill"). As a result of that successful action, the William Hill-owned 32Vegas business was held to have infringed two of 32Red's European community trade marks. William Hill's counterclaim that the "32Red" and "32" trade marks should be invalidated, failed. Subsequently, the judge ordered that 32Red be granted an injunction against William Hill and ordered an inquiry to assess monetary damages, which is ongoing.

 

William Hill appealed this decision and a hearing took place in the Court of Appeal on 5th and 6th December 2011. The Court of Appeal described William Hill's case as a "full-scale, wide-ranging attack on the Judge's analysis and conclusions on virtually every aspect of his judgment". In a Judgment handed down today, the whole of William Hill's appeal against the trial judge's decision was dismissed.

 

Additionally, the Appeal court went further than the High Court and found that William Hill also infringed 32Red's registered trade mark for "32" and held that a further reason for finding infringement was that William Hill took unfair advantage of 32Red's well known trade marks.

 

In summary, and following approximately three years of argument, liability is now firmly established as follows:

·; The "32Red" and "32" trade marks are valid

·; The "32Red" marks were infringed by William Hill's use of 32Vegas

·; The "32" mark was infringed by William Hill's use of 32Vegas

·; The use of 32Vegas took unfair advantage of 32Red's trade marks

 

The costs associated with the Appeal, along with interest, have been awarded to 32Red and an initial sum of £70,000 is payable to 32Red within 14 days. The level of damages relating to this case and the liability for costs associated with the original Hearing will be assessed in an inquiry process before the High Court, now scheduled to be heard early in 2013.

 

The full Appeal Judgment will be available at http://www.bailii.org/ew/cases/EWCA/Civ/2012/19.html

 

Commenting on the result, Ed Ware, CEO of 32Red, said:

 

"We are delighted that the Court of Appeal has categorically dismissed William Hill's appeal. The success of our cross-appeal is also very satisfying. Quite correctly, the Court of Appeal's judgment also supported the view that taking advantage of a well known brand such as 32Red is not acceptable.

 

This judgment further underlines our Intellectual Property Rights and should deter other operators from infringing our trade marks. We are now focused on concluding this matter with William Hill and have already begun preparations for the inquiry into damages.''

 

 

24 January 2012

 

Enquiries:

 

32Red Plc

Tel: 00 350 200 49396

Ed Ware, CEO

 

Jon Hale, Finance Director

 

 

 

Numis Securities Limited

Tel: +44 (0) 20 7260 1000

Chris Wilkinson (Corporate Broking)

 

Michael Meade (Nominated Adviser) 

 

 

 

College Hill Associates

Tel: + 44 (0) 20 7457 2020

Matthew Smallwood

 

Jamie Ramsay

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBDGDBBGDBGDS
Date   Source Headline
23rd Jul 20151:40 pmRNSDirector Dealing
22nd Jul 20157:00 amRNSTrading Update
14th Jul 20154:55 pmRNSAcquisition - Correction
14th Jul 20157:00 amRNSAcquisition
15th Jun 20155:36 pmRNSAnnual Report and Accounts
16th Apr 201511:15 amRNSResult of AGM and Change of Registered Office
5th Mar 20157:00 amRNSFinal Results
22nd Jan 20157:00 amRNSTrading Update
31st Oct 201412:19 pmRNSShare awards
24th Sep 20144:38 pmRNSDirector Shareholding
24th Sep 20147:00 amRNSInterim Results
9th Sep 201410:01 amRNSAcquisition
23rd Jul 20147:00 amRNSPost Close Trading Update
17th Jun 201410:30 amRNSAnnual Report and Accounts
3rd Jun 201411:00 amRNSIssue of Equity
30th Apr 20147:00 amRNSSupplier Agreement
24th Apr 201412:08 pmRNSResult of AGM
14th Apr 20147:00 amRNSRangers Football Club Sponsorship
14th Apr 20147:00 amRNSNew Sponsorship Deal
26th Mar 20147:00 amRNSTrading Update
19th Mar 20145:21 pmRNSExercise of Share Options
17th Mar 201412:00 pmRNSHolding(s) in Company
10th Mar 20144:04 pmRNSFinal dividend - amendment to record date
6th Mar 20147:00 amRNSFinal Results
25th Feb 20142:14 pmRNSHolding(s) in Company
16th Jan 20147:00 amRNSTrading Update
3rd Jan 201412:00 pmRNSDirector/PDMR Shareholding
12th Dec 20133:15 pmRNSDirector/PDMR Shareholding
9th Dec 20132:57 pmRNSDirector/PDMR Shareholding
11th Nov 20137:00 amRNSSponsorship of Paul O'Grady show
4th Nov 20137:00 amRNSPartnership with ITV Brand Extensions
25th Oct 20137:00 amRNSBoard Appointment
27th Sep 20137:00 amRNSTV Sponsorship
12th Sep 20137:00 amRNSInterim Results
11th Sep 20132:58 pmRNSHolding(s) in Company
27th Aug 20137:00 amRNSBologna FC Partnership
18th Jul 20137:00 amRNSPost Close Trading Update
15th Jul 20133:59 pmRNSHolding(s) in Company
9th Jul 20133:09 pmRNSNOTIFICATION OF MAJOR INTEREST IN SHARES
9th Jul 20132:43 pmRNSNOTIFICATION OF MAJOR INTEREST IN SHARES
4th Jul 20137:01 amRNSSpecial dividend
4th Jul 20137:00 amRNSAward of costs
4th Jun 20139:00 amRNSDirector dealings
30th May 201312:03 pmRNS32Red Employee Benefit Trust
28th May 20139:00 amRNS32Red Wins Industry Award
3rd May 20133:21 pmRNSDirector Dealings
23rd Apr 201311:46 amRNSResult of AGM
12th Apr 20134:19 pmRNSCourt Case Update
22nd Mar 201311:51 amRNSAnnual Report and Accounts
21st Mar 20137:00 amRNSFinal Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.