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Glasslam Suit Against Edgetech Dismissed

A suit Glasslam USA filed against Edgetech IG in March 2011 has been dismissed, according to documents filed in the U.S. District Court for the Southern District of Florida. According to an order signed by U.S. district judge Kenneth A. Marra, the suit was dismissed with prejudice and each party will bear its own attorneys’ fees and costs.

Glasslam (also known as Nebula Glass International Inc.) had alleged that Edgetech had engaged in defamation, deceptive and unfair trade practices, and breach of contract, among other allegations. Many of the allegations related to Glasslam’s entry into the warm-edge foam spacer market in 2007 with its EPD Air-Tight spacer, and Edgetech’s own warm-edge foam Super Spacer product.

While the order does not specify the reason for the dismissal, the parties had filed a joint motion just 12 days before the dismissal for extension of time to file a status report, saying that they believed the matter would be “resolved by a settlement.”

Glasslam CEO Steve Howes declined to comment, citing confidentiality agreements signed in the case. Officials from Edgetech had not yet responded to requests for comment at press time.

 

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Article source: http://www.dwmmag.com/index.php/glasslam-suit-against-edgetech-dismissed/

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