Article: Jury upholds India Abroad's claim of $560,000 against Gujarat Samachar


India Abroad
12-28-2001
Jury upholds India Abroad's claim of $560,000 against Gujarat Samachar

A jury has ordered the Gujarat Samachar newspaper to pay $560,000 to India
Abroad for breach of contract even while asking India Abroad to release
$279,000 it withheld in subscription revenues following Samachar's refusal
to pay any share of its advertisement revenues.

The award, early this month, brought to an end a long-standing legal battle
between the two newspaper groups arising from a lawsuit filed by Samachar
before India Abroad's ownership changed hands in April.

According to the verdict, India Abroad conceded its obligation to pay the
withheld subscription revenues, but claimed $560,145 towards ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!