Adf Foods Subsidiary Litigation Update: Appeal Filed by Ascot Valley Foods

Adf Foods Ltd has provided an update on ongoing litigation involving its US step-down subsidiary. Following a permanent injunction and monetary award in favor of the subsidiary, the opposing party, Ascot Valley Foods Ltd ('Ascot'), has filed a Notice of Appeal to the United States Court of Appeals for the Second Circuit. The appeal challenges the judgments passed by the United States District Court, Southern District of New York. As of the filing date, no stay has been granted on the injunction or judgments, meaning they remain in effect. Adf Foods' US subsidiary intends to contest the appeal and protect its rights.