Helsinki Court of Appeal has dismissed all claims for damages in connection with the previous tobacco business of Amer Sports
(Thomson Reuters ONE) -
Amer Sports Corporation
STOCK EXCHANGE RELEASE
May 31, 2010 at 2:40 pm
Judgements passed today by Helsinki Court of Appeal dismiss all claims for
damages in connection with the discontinued tobacco business of Amer Sports
Corporation. The Court of Appeal also ordered the claimants to reimburse Amer
Sports Corporation for all legal costs, as claimed by the company. The Court of
Appeal did not amend the judgements passed in the matter by Helsinki District
Court in 2008, where all claims made by the claimants had also been dismissed.
The judgements passed by the Court of Appeal concerned claims for damages
brought by two private individuals in spring 2005, whereby they claimed damages
and legal costs jointly and severally from Amer Sports Corporation and its
subsidiary Amerintie 1 Oy (previously Amer-Tupakka Oy) and another tobacco
manufacturer.
Amer Sports Corporation divested the tobacco business in March 2004.
For more information please contact:
Kristiina Kemetter, Vice President, Legal Affairs, Amer Sports Corporation, tel.
+358 9 7257 8217
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www.amersports.com
AMER SPORTS CORPORATION
Amer Sports (www.amersports.com
world's leading sports equipment companies with internationally recognized
brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx.
All Amer Sports companies develop and manufacture technically advanced products
that improve the performance of active sports participants. The Group's business
is balanced by its broad portfolio of sports and presence in all major markets.
Amer Sports' shares have been listed on the Helsinki Stock Exchange since 1977.
[HUG#1420268]
Helsinki Court of Appeal has dismissed all claims for damages in connection with: http://hugin.info/3020/R/1420268/369892.pdf
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2010 - 13:40 Uhr
Sprache: Deutsch
News-ID 21705
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contact information:
Town:
Helsinki
Kategorie:
Business News
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