Elekta wins lawsuit against Livian GmbH

Elekta (EKTA-B.ST) has won a significant arbitration case against Livian GmbH, as determined by the London Court of International Arbitration.

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Rhea-AI Summary

Elekta (EKTA-B.ST) has won a significant arbitration case against Livian GmbH, as determined by the London Court of International Arbitration. The court has completely rejected all claims against Elekta group companies, concluding the dispute. This outcome was reported in Elekta's latest interim report for Q3 2020/21. The ruling strengthens Elekta's position in the market, potentially protecting its business interests and investor confidence.

Positive

Elekta wins arbitration case against Livian GmbH, rejecting all claims.
Outcome strengthens Elekta's market position and investor confidence.

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None.

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03/08/2021 - 03:35 AM

STOCKHOLM, March 8, 2021 /PRNewswire/ -- Elekta (EKTA-B.ST) announced today that the London Court of International Arbitration (LCIA) has awarded in favor of Elekta in a dispute with Livian GmbH (formerly humediQ GmbH).

The arbitration, reported in the latest interim report (Q3 2020/21), is now finally settled whereby all claims against Elekta group companies are rejected in full.

For further information, please contact:
Mattias Thorsson, VP Corporate Communications
Tel: +46 70 865 8012, e-mail: Mattias.Thorsson@elekta.com
Time zone: CET: Central European Time

Cecilia Ketels, Head of Investor Relations
Tel: +46 76 611 76 25, e-mail: cecilia.ketels@elekta.com
Time zone: CET: Central European Time

About Elekta
For almost five decades, Elekta has been a leader in precision radiation medicine. Our more than 4,000 employees worldwide are committed to ensuring everyone in the world with cancer has access to - and benefits from - more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/elekta/r/elekta-wins-lawsuit-against-livian-gmbh,c3301556

The following files are available for download:

https://mb.cision.com/Main/35/3301556/1383413.pdf

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View original content:http://www.prnewswire.com/news-releases/elekta-wins-lawsuit-against-livian-gmbh-301242178.html

SOURCE Elekta

FAQ

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What was the outcome of the Elekta lawsuit against Livian GmbH?

Elekta won the arbitration case, with all claims against it rejected.

When did Elekta announce the arbitration win?

Elekta announced the arbitration win on March 8, 2021.

What is the significance of the arbitration ruling for Elekta?

The ruling strengthens Elekta’s market position and protects its business interests.

Where was the arbitration case for Elekta held?

The arbitration case was held at the London Court of International Arbitration.

Which report contains information about the Elekta arbitration case?

The arbitration outcome was reported in Elekta's latest interim report for Q3 2020/21.

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Elekta wins lawsuit against Livian GmbH