Sealegs International Limited and Future Mobility Systems have withdrawn their counterclaim against Tectrax.
Tectrax Limited, the manufacturer of New Zealand’s only commercially available electric amphibious system, has been involved in litigation with Sealegs International Limited and its parent, Future Mobility Systems, since late 2018.
Tectrax initially took action against Sealegs under the Fair-Trading Act in response to disparaging statements Tectrax claims Sealegs made to others in the industry, including allegations that Tectrax had infringed its intellectual property rights. Sealegs counterclaimed against Tectrax alleging copyright infringement, which Tectrax has consistently rejected.
Sealegs International Limited and Future Mobility Systems have withdrawn their counterclaim against Tectrax, clearing the way for Tectrax to operate without further improper interference.
Fraser Brown, Sales Manager of Tectrax said “Whilst disappointed that our new and innovative technology was unduly challenged from an IP perspective, we are pleased that the case against us in the High Court has been struck out”.