Court lifts injunctions as BGI, Purpose Black end legal battle - News Summed Up

Court lifts injunctions as BGI, Purpose Black end legal battle


Judges at the Federal High Court have ordered that a months-long legal battle between BGI Ethiopia and Purpose Black over a property deal is to end through mediation. “We’ve settled the dispute through court-annexed mediation,” reads a statement from BGI Ethiopia. Purpose Black is a relatively new business initiated by Fisseha Eshetu (PhD). - Advertisement -BGI Ethiopia says it has returned the amount to Purpose Black, effectively ending the court saga nearly a year after the deal was first reached. BGI will float a bid to find another buyer,” said Nega Miherete, legal and corporate affairs director at BGI Ethiopia.


Source: Ethiopian News May 18, 2024 07:25 UTC



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