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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (16947)	4/12/2007 10:21:41 PM
From: TobagoJack	Respond to of 217896

i am just making fun, to be aware how any situation can be viewed in so many different ways.. for example, enough folks reading this Message 23448131 would automatically jump to the conclusion that the chinese partner must be at fault, and the french partner is pure of heart, per logic of the small minded folks whereas a simple "pattern of behavior" test as one I apply to the USA would show that one of the counterparties, the french one, has been truly naughty, at least in regard to its Indian partner ft.com ... i.e. danone is only getting what it biblically deserves, nothing more, and certainly nothing to do with maurice cb Ilaine brumar89 tries to claim faith tells me that god works in mysterious ways, and certainly in the way god deals out punishment Danone faces India brand suit By Jenny Wiggins in London Published: April 12 2007 18:59 \| Last updated: April 12 2007 18:59 Danone, the French food and drinks group embroiled in a dispute with a joint-venture partner in China, is also having difficulties in India, where it faces legal action in a disagreement over the licensing of international rights to the Tiger biscuit brand. India’s Tiger brand was created in 1995 by Britannia Industries, a 90-year old biscuit company listed on the Bombay stock exchange. Danone owns 51 per cent of Britannia in a 50-50 joint venture with Wadia Group, an Indian conglomerate. Wadia says the joint venture ran smoothly until 2004, when Britannia discovered Danone had been selling biscuits under the Tiger brand in Indonesia, Malaysia, Singapore, Pakistan and Egypt, and had registered the brand in some 70 countries. The group, which claims that all intellectual property related to the brand belongs to Britannia, says Danone did not tell Britannia’s board that it had registered and launched the brand in other countries. It says it has given Danone “legal notice” to return the licensing rights. Danone disagrees with Wadia’s version of events. It says it did tell Britannia’s board that it had registered the Tiger brand in other countries. “Danone is currently in negotiations with Wadia regarding Britannia in India and therefore would not be in a position to comment publicly about the status of those talks,” Danone said. “However, what we can say is that the international registration of the Tiger brand was made with the full knowledge and support of the Britannia management and the Wadia Group.” The disagreement between Danone and Wadia amid Danone’s problems in China, where it has threatened legal action against Wahaha, its joint venture partner there. Danone has accused Wahaha of setting up a rival business to sell the same products as those marketed by the joint venture. Wadia says it has been having discussions with Danone over the past two years to resolve the dispute over Tiger biscuits, but that the French group keeps changing its position on the matter. Vinita Bali, Wadia chief executive, said: “Danone’s response has been a shifting stance.” Wadia says Danone has offered to pay €1m ($1.34m) as compensation for its use of the Tiger brand, but has also demanded a five-year exclusive licensing agreement in Malaysia, Indonesia, Egypt, Pakistan and Singapore. Wadia says it wants the rights to Tiger returned to Britannia before it will negotiate. Danone includes Tiger in a list of biscuit brands on its website, calling it the “Number 1” biscuit brand in Asia.