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PUBLISHING COMPANY

We conducted a critical publishing audit in the Middle East.

An ex-licensee continued to distribute articles in its local market and hence «diluted» the market to the detriment of a new licensee.

The licensor was deprived from any royalty revenues since license agreements were terminated.

Significant findings were raised during the audit and it was mutually agreed not to manufacture or sell any product and to destroy all the licensee’s remaining stock.

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