AGON loses Chess24 court battle...
*** BREAKING NEWS ***
This from Chess24:
Delighted to announce:
1) We won the Moscow lawsuit
2) Svidler tops our World Championship commentary team!
This from Agon:
We note the ruling by the First Circuit Court in Moscow in the case we brought against Chess24.
We did not fully expect a judgement in our favour due to the complicated nature of the case and limited time the judge has to consider the case (the average time that a judge in the Moscow Arbitration Court can spend on one case is only 48 minutes).
We believe that the court has not properly addressed the documents and arguments and has declined to consider some of them in breach of procedural requirements, all of which has greatly affected the decision.
We will appeal the verdict this month and continue to protect our rights as the commercial rights holder to the World Chess Championship. We remain confident of a favourable outcome on appeal.