Friday, April 26, 2024

Lenstec Barbados wins legal battle

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Barbados-based lens manufacturer Lenstec (Barbados) Inc. has won a legal battle initiated by European competitor Oculentis more than three years ago.

On September 10, 2014, in the High Court of Justice in England, Oculentis sued Lenstec Barbados and its American parent company Lenstec Inc. for infringement of its United Kingdom patent.

Oculentis sought “various remedies”, including an injunction against Lenstec, damages and delivery up of any alleged infringing products in Lenstec’s possession or control.

However, Lenstec recently announced that Oculentis withdrew legal proceedings against Lenstec in the UK High Court “and made a payment towards Lenstec’s legal costs”.

This was confirmed by Ian Hickling, who heads Lenstec’s manufacturing operation in Barbados.

“We prevailed and obtained costs,” he told the DAILY NATION from overseas.

Lenstec officials said the company had also agreed not to pursue Oculentis for any additional costs in what Lenstec deemed a “frivolous lawsuit and without merit”. (SC)

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