Following a failed bid to get a restraining order, Avacen has dropped its lawsuit in opposition to NuLife Ventures.
Avacen filed go well with in opposition to NuLife again in July. Within the go well with Avacen alleged NuLife was promoting its merchandise in violation of their reseller settlement.
Arguing that NuLife persevering with to promote its merchandise would trigger “irreparable harm” to its enterprise, Avacen didn’t safe a restraining order earlier this month.
On September sixteenth Avacen filed a discover of voluntary dismissal.
As of as we speak’s date, NuLife has not answered the Grievance.
Avacen requests that the Court docket dismiss this motion with out prejudice.
Since NuLife has not answered the Grievance, Avacen respectfully requests that the courtroom deem this matter dismissed upon the submitting of this discover.
As above, Avacen’s discover brings the lawsuit to an finish.
A motive for the withdrawal was not offered. It appears possible although that Avacen and NuLife reached some form of settlement.
One of many factors of rivalry in Avacen’s lawsuit was NuLife claiming to be an official Avacen World Companion.
NuLife nonetheless makes the declare on their web site. And it nonetheless markets Avacen’s merchandise.
Replace 4th March 2021 – Thomas Muehlbauer from Avacen has knowledgeable us that after dropping their lawsuit, Avacen pursued their case in opposition to NuLife through arbitration.
After we filed for arbitration NuLife filed quite a few authorized actions through which AVACEN prevailed in 100% of them.
As I perceive it arbitration proceedings between the 2 events remains to be taking part in out.