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This is stated in an NTB press release on Tuesday.
– I am happy today. It has been a long and demanding process, but the Supreme Court has already had the last word in the case. Therefore, it has been established once and for all what we have claimed from the beginning, that is, that Rimfrost is the owner of the patents and that we have also acted properly and orderly in this case, says principal owner Stig Remøy on Rimfrost in the NTB report.
The Supreme Court decision is the fourteenth in a row in Norwegian and US law in which Aker has dropped the case or the result has been in favor of Rimfrost.
Remøy has previously estimated that the legal costs associated with the legal proceedings with Aker have cost the company more than NOK 120 million.
– Hoarfrost would have liked to be in addition to the many court rounds we have had to fight. At the same time, the result of all the cases that have occurred, both in Norway and in the US, shows that it has been correct not to give in to Aker’s strategy, says Remøy.
Remøy is building a new krill boat
Stig Remøy’s krill company Rimfrost has signed a contract for the construction of a new krill trawler. The contract is with the Westcon Shipyard Group.
– Trust in the truth
Remøy further refers, among other things, to the judgment of the Court of Appeal where it was stated that “Aker BioMarine did not have a good reason to try the case through appeal, and no point or basis for the prosecution has given rise to doubts in the Court of Appeal about the result “.
– Aker has used the judiciary to try to stop his only big and troublesome competitor. In the lawsuits themselves, Aker has made accusations that the court has not agreed with, and outside of the courtroom, Aker has made incorrect and damaging allegations about Rimfrost. Uncertainty has spread in the market and among Rimfrost’s partners. But we are confident that the truth would win out in the long run, and now we have been confirmed, Remøy says in the press release.
Aker is disappointed
Aker BioMarine has this comment on the Supreme Court Appeals Committee’s decision:
– Naturally, we are disappointed with the decision of the appeals committee. We expected the Supreme Court to deal with what we believe is a flawed judgment of the Court of Appeals. This process has led us to an unreasonable result and we believe that Norwegian law has not taken into account how intangible assets should be handled in a bankruptcy proceeding. As we see this case, Rimfrost has gotten away with misleading public and private lenders, Ingeborg Tennes writes at Aker BioMarine in an email to Sunnmørsposten.
– In this case, Aker BioMarine has carried forward the lawsuits of Innovation Norway, GIEK and Nordea, and if they were the ones here today, the understanding of the case would probably be different, continues Tennes.
Stig Remøy reacts to Aker Biomarine’s claims that Rimfrost must have misled someone.
– Aker’s statement shows the company’s boundless rudeness and lack of respect for the facts. They cannot accept a verdict that has been tried in three Norwegian courts, and where the result has clearly been to Aker’s disadvantage. Aker continues to repeat rude and false accusations that Rimfrost has defrauded public and private lenders. The District Court and the Court of Appeal have rejected this and, on the contrary, harshly criticized these lenders. It amazes me that a company is sinking as much as Aker is here, says Remøy.
Fight for patent law
The case, which has now been decided by the Supreme Court rejecting Aker Biomarine’s appeal, originated in 2017. At that time, Aker Biomarine purchased krill trawler “Jewel” from the bankrupt farm after Emerald Fisheries, controlled by Stig Remøy, filed for bankruptcy. The dispute has been over whether Aker Biomarine had the right to use a patent that was part of the krill processing factory on board the ship.
In early 2019, the Søre Sunnmøre District Court ruled in favor of Remøy. Aker Biomarine then appealed to the Court of Appeal. The Frostating Court of Appeal ruled again in favor of Remøy in May this year. Aker Biomarine appealed again and now the Supreme Court has rejected the appeal.
At the same time, Rimfrost and Aker Biomarine have been in a number of patent disputes, and it is not without reason that the parties have spoken harsh words.
Remøy has also been sued by previous party owners at Emerald Fisheries. There was a verdict in February this year, and Remøy also won there.
Background:
Known Investors in Rimfrost
Investors Johan Odvar Odfjell, Roger Halsebakk and Jakob Hatteland have joined as minority shareholders in Krill’s company Rimfrost AS, and together they have stakes corresponding to approximately 10 percent.
Strong game on credibility
Two conflicting views of reality were presented in court on Monday and Tuesday, when attorneys for Aker Biomarine and Rimfrost gave their final remarks.
– we feel cheated
Louise Haahjem, head of Nordea’s seafood department, testified in the Frostating Court of Appeal on Thursday.
The match between Røkke and Remøy continues
– Aker is trying to exhaust me
Aker Biomarine appeals the verdict of the Søre Sunnmøre District Court. The verdict was a landslide victory for Herøy’s point guard Stig Remøy.
