CHINA: Danone launches counter-claim
French food company Groupe Danone SA has filed a counterclaim with an arbitrator in the eastern Chinese region of Hangzhou, rejecting statements made by the Wahaha Group, its joint venture partner with whom it is engaged in an acrimonious legal dispute.
Wahaha filed an arbitration claim on 14 June seeking termination of the trademark transfer agreement signed with the joint venture in 1996, saying the venture never formally and legally transferred the trademark from Wahaha Group.
Danone official Randall Lewis said that that the Danone joint venture with Wahaha had already paid US$6.6m in cash to Wahaha Group for the transfer of the trademark, and the transfer had been confirmed by the Hangzhou government.
A group of 11 major food and drinks companies have launched a new self-regulatory initiative in Europe under which they will voluntary make changes to how and what they advertise directly to children....
Groupe Danone and its Chinese venture partner, Hangzhou Wahaha, have called a truce on their long-running feud,...
UK tap water has come up near the top in a blind taste test, according to local reports....
Groupe Danone has dismissed a lawsuit from the trade union of its joint venture in China as "totally groundless", and has called for calm in the long-running saga....
Groupe Danone has said it is "highly concerned" about the latest reports regarding the ongoing clash with its partner in China....
The Coca-Cola Co. has successfully appealed against a court ruling in Argentina that said a campaign by Danone had not affected sales of Coca-Cola's Dasani water brand in the country....
Hangzhou Wahaha Group Co. has won a legal ruling over its dispute with Chinese joint-venture partner Groupe Danone regarding the ownership of the Wahaha brand in the country....
Asia Pacific Breweries has appointed the previous chairman of Danone Asia Pacific as chairman-designate and a non-executive director of the company....
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