新加坡法院规则LAC必须归还54家GNC商店,并支付18.9M美元,以补偿因非法终止合同而造成的损失。
Singapore court rules LAC must return 54 GNC stores and pay $18.9M in damages over wrongful termination.
新加坡国际商事法院维持了一项仲裁裁决,要求LAC Global退回在新加坡的54个GNC商店租赁合同,并支付超过1 890万美元的损害赔偿金。 尽管GNC2020年破产,关系紧张,但裁决LAC于2022年错误终止了特许经营协议。
The Singapore International Commercial Court has upheld an arbitration award requiring LAC Global to return 54 GNC store leases in Singapore and pay over $18.9 million in damages, ruling LAC wrongfully terminated franchise agreements in 2022 despite GNC’s 2020 bankruptcy and strained relations.
法院认定,GNC没有证据正式终止合同,认为LAC的重新命名是对保留商店的无理行动。
The court found no evidence GNC had formally ended the contracts, deeming LAC’s rebranding an unjustified move to retain stores.
LAC是Ron Sim的V3集团的一部分,它计划呼吁和维持行动,但计划将保持不变。
LAC, part of Ron Sim’s V3 Group, plans to appeal, maintaining operations will continue unchanged.
上诉的结果可以决定拉加地区未来在新加坡的零售业。
The outcome of the appeal could determine LAC’s future retail presence in Singapore.