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Cobalt Successful for Protex Balti in Software Licensing Dispute With Amigtex

Cobalt Successful for Protex Balti in Software Licensing Dispute With Amigtex

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Cobalt has successfully represented Protex Balti in a dispute with Amigtex before the Harju County Court and Tallinn District Court.

Financial details of the dispute were not disclosed.

Protex Balti is a Norwegian producer of advanced textile solutions, with production sites in Tallinn & Parnu, and Amigtex is a privately held producer of technological solutions focused on industrial automation in areas of apparel, footwear, and upholstery. 

The dispute ensued after Protex Balti withdrew from a licensing agreement with Amigtex for the use of the latter’s Optitex software program.

Cobalt reports that, “both court instances concluded that Protex Balti had the right to withdraw from the software program sale and license agreement it entered into with Amigtex.” According to the firm, “[Protex Balti was entitled] to recover from Amigtex the amount that had already been paid under the agreement, as the purchased software program did not comply with the conditions promised by the seller.”

Cobalt’s team was led by Senior Associate Viive Kaur.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.