Abudantia BV v Fastron Limited & Anor
The TLA expired at the end of the Initial Term as neither positive performance nor mutual understanding of business goals was established; the Claimant failed to discharge the burden of proof. No Termination Sum was payable. The Defendants' actions were not part of a conspiracy but a brand protection strategy. No torts of malicious falsehood, inducing breach of contract, or malicious prosecution were made out, and no damages or injunctive/declaratory relief were warranted.
Source excerpt
- Termination of contract
- Trademark licensing
- Conspiracy
- Malicious falsehood
- Inducing breach of contract
- Malicious prosecution