Litigation by Uniface over Breach of Contract and Copyright Infringement
First written in FY2020. 3 of 6 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2022.
The whole theme swung hardest in 2024: 3 of 25 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「While proceeding with its response to the litigation, Rocket Software and the company and its affiliates held discussions toward a settlement, and a settlement was recently reached. In addition, Rocket Software had been proceeding with the withdrawal of the lawsuit, and the court proceedings for the withdrawal have now been completed. The conclusion of the lawsuit under the settlement is expected to have a minor impact on the consolidated financial statements.」
The Uniface litigation, now involving Rocket Software, concerning a claim of approximately €321 million concluded when a settlement was reached and the court withdrawal proceedings were completed. - FY2022-Q3MitigatedAnnual report
「Uniface claimed that the company and SAI had breached the software license agreement (the "Agreement") and thereby infringed Uniface's copyrights, among other allegations, and had sought payment and other relief totaling approximately €321 million. On 23 August 2021, the court issued a first-instance judgment dismissing Uniface's claims.」
In the litigation involving a claim of approximately €321 million, a settlement was reached after the appeal, and the matter was expected to conclude upon completion of the withdrawal proceedings. The company stated that the settlement would have a minor impact on the financial statements. - FY2022-Q2MitigatedAnnual report
「Uniface claimed that the company and SAI had breached the software license agreement (the "Agreement") and thereby infringed Uniface's copyrights, among other allegations, and had sought payment and other relief totaling approximately €321 million. On 23 August 2021, the court issued a first-instance judgment dismissing Uniface's claims.」
In the litigation involving a claim of approximately €321 million, the court issued a first-instance judgment dismissing Uniface's claims, reducing the risk. However, the company stated that the final outcome could not be predicted. - FY2022-Q1RestatedAnnual report
「Uniface claims that the company and SAI breached the software license agreement (the "Agreement") and thereby infringed Uniface's copyrights, among other allegations, and is currently seeking payment and other relief totaling approximately €321 million.」
The company has reiterated the Uniface litigation concerning alleged breach of contract and copyright infringement and the claim amount of approximately €321 million. No provision has been recognized because the final judgment cannot be predicted. - FY2021Update to the litigation claim amountAnnual report
「Uniface claims that the company and SAI breached the software license agreement (the "Agreement") and thereby infringed Uniface's copyrights, among other allegations, and is currently seeking payment and other relief totaling approximately €321 million.」
The company continued to disclose the Uniface litigation concerning alleged breach of contract and copyright infringement, stating the claim amount as approximately €321 million. - FY2020MaterialisedAnnual report
「Uniface claims that the company and its affiliates breached the relevant agreement and thereby infringed Uniface's copyrights, among other allegations, and is currently seeking payment and other relief totaling approximately €324 million.」
The company disclosed the filing of the lawsuit pursuant to a summons dated 6 April 2020 as a subsequent event and stated the claim amount of approximately €324 million.