Yesterday, we lawsuit between Florida-based Worldwide Entertainment Group Inc., promoters the Ultra Miami Music Festival, and Adria MM Productions Ltd., a Croatian firm that produces music festivals in Croatia and Europe, had ended. The closing judgement was that Worldwide be to pay $866,000 in damages to Adria; as well as, Adria owed $366,211 in damages again to Worldwide for breach contract.
Counsel for Adria had been the primary to situation a public assertion, steering the course the story of their favor. However, a brand new assertion from WEG asserts that stories that Adria “prevailed on this case” had been false. Furthermore, it asserts that there was no file for trademark infringement by Adria, as was initially reported in (although not repeated in newer stories).
Ultra Europe 2019 continues to be on observe and tickets are at present on sale. WGE’s full assertion will be learn beneath.
Worldwide Entertainment Group, Inc. (“Worldwide Entertainment”) is happy with the jury’s findings. The jury not solely rejected the fraud claims asserted by Worldwide Entertainment’s former licensee (Adria MM), but in addition, it discovered that the Promotional Agreement between the events was legitimate and enforceable. The jury additional and appropriately acknowledged Ultra because the rightful proprietor the well-known Ultra model for worldwide music festivals, together with Ultra’s circle U design mark.
Despite these undisputed details, it has been falsely reported that Adria MM had both prevailed on this case and / or that this case concerned a “trademark dispute” respecting the correct to make use of the Ultra model for comparable occasions in Europe. To the opposite, Adria MM filed a ten-count grievance. No rely alleged trademark infringement. Adria MM misplaced on all counts, besides on its declare for tortious interference, which was primarily based on allegations that Worldwide Entertainment’s actions to retake its 2017 manufacturing from the admittedly defaulted licensee was undertaken too swiftly. No findings had been made, and no inferences will be drawn, that Worldwide Entertainment didn't personal its manufacturers and emblems.
Worldwide Entertainment and its present licensee are already onerous at work placing collectively its lineup for the 2019 Ultra Europe occasion.