Unilin reacts on termination of sublicensing agreement with UWC

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Unilin/Fordaq
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Unilin reacts on Ulrich Windmöller Consulting’s (UWC) intention to terminate the exclusive sublicensing agreement it has entered into with Unilin’s IP division in 2010.

According to Unilin, this exclusive sublicense contract does not foresee any possibility to terminate and as such the termination of the contract communicated by UWC is unfounded and has no legal effect. As a consequence, Unilin would remain the sole and exclusive licensor of the Windmöller patents and any improvements resulting from the UWC R&D. Any future licenses granted on these patents by UWC or other parties would be unlawful, says Unilin.

Unilin reserves the right to take the necessary steps to claim back damages resulting from any misrepresentation made by any party regarding the above, the company declares.

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