Acta Holding ASA - Ruling received regarding non-competition case
Acta ASA, a subsidiary of Acta Holding ASA, has taken four prior employees to court in order to prevent incompliance with the non-competition clause in their former Acta employment contracts, as the four employees are now engaged in the management of Verdispar. The Nedre Romerike court has ruled in favour of Acta in all matters. The four former employees are prohibited from taking part in establishing, operating and to participate in Verdispar. The four former employees are also ruled to cover Actas legal expenses.
Stavanger, 20 September 2005