Official Statement - Spain’s Supreme Court Upholds Fundamental Arguments of Bacardi in Havana Club Rum Case

Official Statement – Spain’s Supreme Court Upholds Fundamental Arguments of Bacardi in Havana Club Rum Case

Spanish Supreme Court supports merits of Bacardi appeal New legal avenues for Bacardi case planned due to ruling on legal technicality only Spanish Court rules Havana Club Holdings (a joint venture between Cuban state and Pernod Ricard) “does not deserve to be considered a good faith third party purchaser of the Spanish Havana Club trademark” Spanish Court says Havana Club Holdings Spanish registration of the Havana Club trademark violated Spanish public law Bacardi has won every legal case in United States on Havana Club Bacardi continues to sell Havana Club rum in United States

February 4, 2011

Bacardi Limited, the largest privately held spirits company in the world, plans the next legal move to protect its legitimate ownership and trademark rights to the Havana Club brand in Spain. The Company praises the Spanish Supreme Court for recognizing nearly all the legal merits of the appeal on the legitimacy of Bacardi’s rights and registration of the Havana Club rum trademark in Spain, but is disappointed that the court ruled in favor of Havana Club Holdings on the legal technicality of a statute of limitations.

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