United States Court of Appeal Confirms Verdict in Favour of Gurit

13 October 2008

The United States Court of Appeals has the District Court decision where it was found that Gurit had been damaged by Zoltek's breaches of its then supply agreement, and confirmed damages in the amount of USD 21 million.

Gurit intends to enforce the judgement immediately although Zoltek may file a motion for rehearing by the court of appeal or a further appeal.

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