|
|
Nintendo put lik-sang out of business
The ruling in the
High Court of Hong Kong sees Lik-Sang ordered to cease
distribution of the devices (Flash Cards and Flash Linkers), as
well as paying Nintendo's legal expenses and preliminary damages
of HK$5 million (€550,000), with final damages still be be
decided. Lik-Sang had already ceased distribution of the devices,
following the granting of an injunction against it in September
2002.
The effect of the ruling on Lik-Sang is not clear, and probably
won't be until final damages are decided - however, it's
conceivable that this ruling could drive the popular importer out
of business, given the size of damages already announced.
source - http://www.theregister.co.uk/content/54/31326.html
The good news is though, for Lik-Sang customers, the original owners sold all assests to another company as they were preparing to tackle this court case. Leaving the people Nintendo were battling with little money and few assests. Any further news and we'll keep you updated.